NZD/USD – 30M – BUY

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

A bullish movement up to the next resistance line at 0.57221 will persist.

Caution: A possible change in the direction of the support level at 0.56889 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.57189638 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.57221 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.57221 – 0.57293 – 0.57264 – 0.56889 – 0.57054 – 0.5681 —
0.57001 – 0.57001 —
40.608032860754 – 42.257059996771 —
– —
0.57221 – 1775521800

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –