NZD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.57106 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.57532 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.57532 – 0.57545 – 0.57929 – 0.5737 – 0.5774 – 0.57736 —
0.57301 – 0.57402 —
28.840900783709 – 38.506784630785 —
– —
0.57532 – 1767915000

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