NZD/USD – 30M – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.55896 is certain.

Caution: A possible change in the direction of the resistance zone at 0.56145 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘%K fall below 80’ indicator layout is discovered. The indicator shows ‘%K fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.56145 – 0.56431 – 0.56747 – 0.55896 – 0.56276 – 0.56466 —
0.56135 – 0.56205 —
51.836154586524 – 49.363472102661 —
– —
0.56145 – 1763602200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – –