NZD/USD – 30M – SELL

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline down.

A bearish trend down to the next support at 0.57413 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.57669 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.57669 – 0.5752 – 0.57515 – 0.57413 – 0.57251 – 0.57309 —
0.57517 – 0.57551 —
44.560882849743 – 51.388140249226 —
– —
0.57669 – 1768570200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – – – – – – – – –