NZD/USD – 30M – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline upwards

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

Caution: A possible change in the direction of the support zone at 0.60329 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

In addition a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.60609 – 0.60594 – 0.60265 – 0.60329 – 0.60322 – 0.59967 —
0.60432 – 0.60432 —
48.02506314377 – 44.872168974598 —
– —
0.60609 – 1770741000

Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – Head and Shoulder chart pattern – – – – – – – –