NZD/USD – 1H – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline up.

The bullish trend up to the next resistance level at 0.60022 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.59762 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

0.60022 – 0.60629 – 0.60575 – 0.59762 – 0.60191 – 0.59901 —
0.59500 – 0.59823 —
25.499774900727 – 51.694622627157 —
– —
0.60022 – 1770303600

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