NZD/USD – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.58397 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.59223 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

0.59223 – 0.59287 – 0.58731 – 0.58397 – 0.58492 – 0.57919 —
0.58611 – 0.59214 —
37.276405525875 – 63.988606291579 —
– —
0.59223 – 1776844800

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