NZD/USD – 30M – BUY

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

A bullish trend up to the next resistance at 0.60503 is expected.

Caution: A possible reversal of the trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

0.60503 – 0.60473 – 0.60756 – 0.60141 – 0.60252 – 0.60387 —
0.60441 – 0.60337 —
55.671797399567 – 48.0512654557 —
– —
0.60503 – 1771011000

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