NZD/USD – 30M – BUY

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

A bullish ascent up to the next resistance at 0.60022 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.59279 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover 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 chart scenario. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.60022 – 0.59972 – 0.6047 – 0.59279 – 0.59684 – 0.59797 —
0.59486 – 0.59695 —
31.646094272086 – 54.369091771243 —
– —
0.60022 – 1770305400

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –