Buy NZD/USD – 1H – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 0.59276 is certain.

Caution: A possible change in the direction of the support zone at 0.58336 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a indicator layout is detected. The indicator shows ”. which is often a bullish signal. The pair is likely to go up.

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In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘StochRSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 0.60818
2nd High 0.59906
Next High 0.59276
Current Price 0.59340
Next Low 0.58336
2nd Low 0.58205
3rd Low 0.57397

0.59276 – 0.58658 – 0.58509 – 0.58336 – 0.58205 – 0.57397 —
0.59128 – 0.59221 —
64.856457073309 – 66.032642762824 —
– —
0.59276 – 1769122800

Trading Signals:

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