NZD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.57518 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.57453 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57545 |
| 2nd High | 0.57532 |
| Next High | 0.57453 |
| Current Price | 0.57313 |
| Next Low | 0.57107 |
| 2nd Low | 0.57106 |
| 3rd Low | 0.57084 |
0.57453 – 0.57532 – 0.57545 – 0.57107 – 0.5737 – 0.5774 —
0.57284 – 0.57325 —
47.097460262401 – 48.634949885187 —
– —
0.57453 – 1767972600
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – – – – – – – –