There is also a ‘Double top retreat up’ chart pattern is existing. The chart picture shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to rise.
There is also a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62941 |
| 2nd High | 1.62827 |
| Next High | 1.62717 |
| Current Price | 1.62631 |
| Next Low | 1.62595 |
| 2nd Low | 1.62539 |
| 3rd Low | 1.62522 |
1.62717 – 1.62827 – 1.62941 – 1.62595 – 1.62539 – 1.62692 —
1.62701 – 1.62683 —
43.022634192094 – 52.891491311123 —
– —
1.62717 – 1764295200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing – Double top retreat up – – – – – – – –