NZD/USD – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 0.60609 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.6032 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.60609 – 0.60594 – 0.60336 – 0.6032 – 0.59967 – 0.59279 —
0.60509 – 0.60626 —
55.446989453426 – 61.581895510985 —
– —
0.60609 – 1770739200

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