NZD/USD – 30M – BUY

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

A bullish ascent up to the next resistance at 0.59143 will persist.

Caution: A possible change in the direction of the support level at 0.58725 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.59294178 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.59143 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.59143 – 0.59456 – 0.59481 – 0.58725 – 0.59017 – 0.59004 —
0.59143 – 0.59064 —
54.650291202845 – 49.736048174316 —
0.59143 – 1772771400 —
– 1772771400

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