The pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.57821 will continue.
Caution: A possible change in the direction of the support level at 0.57346 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochOSC Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bullish Divergence’. signal.
Also there is a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. signal.
Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57976 |
| 2nd High | 0.57929 |
| Next High | 0.57821 |
| Current Price | 0.57402 |
| Next Low | 0.57346 |
| 2nd Low | 0.57235 |
| 3rd Low | 0.57107 |
0.57821 – 0.57803 – 0.57685 – 0.57346 – 0.57235 – 0.57107 —
0.57413 – 0.57377 —
34.58442363547 – 35.125597692627 —
– —
0.57821 – 1768318200
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – – – – – – – –