NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bearish trendline up.

A bullish trend upwards to the next resistance line at 0.56747 will continue.

Caution: A possible change in the direction of the support level at 0.56483 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. 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).

0.56747 – 0.5691 – 0.56822 – 0.56483 – 0.56574 – 0.56749 —
0.56567 – 0.56531 —
38.585878602114 – 36.536028566049 —
– —
0.56747 – 1763406000

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