NZD/USD – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.60629 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.60191 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.60629 – 0.60575 – 0.60786 – 0.60191 – 0.59901 – 0.60222 —
0.60373 – 0.60213 —
49.511565249192 – 41.653116459584 —
– —
0.60629 – 1770159600

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – – – – – – – –