NZD/USD – 30M – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline downwards

A bearish movement downwards to the next support line at will continue.

Caution: A possible change in the direction of the resistance line at 0.59785 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.59785 – 0.59987 – 0.59749 – 0.59587 – 0.59538 – 0.59514 —
0.59696 – 0.59741 —
48.071746406834 – 56.009110469113 —
– —
0.59785 – 1769488200

Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –