NZD/USD – 1H – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.57166 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.56608 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which 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 chance of ‘Three White Soldiers’ going up is 82%.

0.57166 – 0.56894 – 0.569 – 0.56608 – 0.56404 – 0.56396 —
0.56985 – 0.57096 —
57.489906617725 – 63.504018843915 —
– —
0.57166 – 1783004400

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