NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.59423 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.59094 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.59423 – 0.59386 – 0.59907 – 0.59094 – 0.59188 – 0.59174 — 48.105239562545 – 51.998236965349 — 68.730857981959 – 73.631214600378 – 73.130337823548 – 70.259422418013

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – –