NZD/USD – 1H – SELL

The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline downwards

A bearish movement downwards to the next support level at 0.59967 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.60594 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.60594 – 0.60336 – 0.60022 – 0.59967 – 0.59279 – 0.59762 —
0.60594 – 0.60515 —
71.809816856971 – 60.600018576307 —
0.60594 – 1770670800 —
– 1770670800

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – – – – – – – – –