NZD/USD – 1H – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.59749 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.5891 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The pair is likely to go up.

0.59749 – 0.59276 – 0.58658 – 0.5891 – 0.58336 – 0.58205 —
0.59864 – 0.59770 —
76.020753812889 – 56.962426685537 —
– —
0.59749 – 1769389200

Trading Signals: FOREX – NZD – NZD/USD – USD – – Double bottom chart pattern – – – – – – – –