Buy NZD/USD – 1H – BUY

And also a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards

A bullish ascent up to the next resistance level at 0.60609 is considered certain.

Caution: A possible change in the direction of the support level at 0.6032 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.60786
2nd High 0.60629
Next High 0.60609
Current Price 0.60625
Next Low 0.6032
2nd Low 0.59967
3rd Low 0.59279

0.60609 – 0.60594 – 0.60336 – 0.6032 – 0.59967 – 0.59279 —
0.60417 – 0.60664 —
47.720237947096 – 56.870849258127 —
– —
0.60609 – 1770739200

Trading Signals:

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