Moreover a ‘Double top retreat up’ chart pattern is detected. The chart picture shows ‘Double top retreat up’. which is a positive chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17795 |
| 2nd High | 1.17644 |
| Next High | 1.17425 |
| Current Price | 1.17106 |
| Next Low | 1.17101 |
| 2nd Low | 1.16586 |
| 3rd Low | 1.16212 |
1.17425 – 1.17284 – 1.16944 – 1.17101 – 1.16586 – 1.16719 —
1.17286 – 1.17071 —
38.784612027975 – 32.26824494356 —
– —
1.17425 – 1767690000
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double top retreat up – – – – – – – –