There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41396 |
| 2nd High | 1.41258 |
| Next High | 1.4062 |
| Current Price | 1.40376 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.4062 – 1.40576 – 1.40387 – 1.40235 – 1.4014 – 1.40138 —
1.40567 – 1.40511 —
56.112649379551 – 39.358579976801 —
– —
1.40620 – 1763445600
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – –