NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards

A bullish ascent up to the next resistance line at 0.57929 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.57413 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).

0.57929 – 0.57921 – 0.57976 – 0.5774 – 0.57736 – 0.57768 —
0.57732 – 0.57706 —
34.336198628698 – 31.663983762861 —
– —
0.57929 – 1767792600

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