Buy NZD/USD – 4H – BUY

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

A bullish trend upwards to the next resistance level at 0.60125 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.5942 could happen.
Consider stop-loss settings accordingly.

There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern 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%.

Support & Resistance Price Range*
3rd High 0.60756
2nd High 0.60527
Next High 0.60125
Current Price 0.59298
Next Low 0.5942
2nd Low 0.59375
3rd Low 0.59279

0.60125 – 0.6003 – 0.60527 – 0.5942 – 0.59375 – 0.60141 —
0.59496 – 0.59146 —
35.64305635093 – 41.764550989792 —
– —
0.60125 – 1772078400

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