NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 0.56153 will continue.

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

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.56244052 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.56153 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.56153 – 0.56069 – 0.56384 – 0.55949 – 0.56025 – 0.55823 —
0.56132 – 0.56115 —
57.602578587708 – 54.347824931736 —
– —
0.56153 – 1763766000

Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – – – – – – – – –