NZD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support level at is likely expected.

Caution: A possible change in the direction of resistance at 0.56069 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. this is a bearish chart scenario. 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.56069 – 0.56384 – 0.56145 – 0.55791 – 0.55896 – 0.56276 —
0.55944 – 0.56070 —
38.235511429656 – 56.868693002409 —
– —
0.56069 – 1763721000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down – – – – – – – – –