NZD/USD – 1H – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 0.59749 will persist.

Caution: A possible change in the direction of support at 0.5891 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

There is also a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.59749 – 0.59276 – 0.58658 – 0.5891 – 0.58336 – 0.58205 —
0.59642 – 0.59618 —
80.175406713738 – 66.674619604615 —
– —
0.59749 – 1769389200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up – – – – – – – – –