Next a ‘Inverse Head and Shoulder chart pattern’ chart pattern is existing. The formation shows ‘Inverse Head and Shoulder chart pattern’. which is a bullish signal. The pair is likely to go up.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17795 |
| 2nd High | 1.17683 |
| Next High | 1.17425 |
| Current Price | 1.16869 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.17425 – 1.17339 – 1.17683 – 1.17008 – 1.17104 – 1.16322 —
1.16915 – 1.16765 —
31.98547081729 – 31.698753184976 —
– —
1.17425 – 1769009400
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –