Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95896 |
| 2nd High | 0.95605 |
| Next High | 0.95145 |
| Current Price | 0.94766 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.95145 – 0.95605 – 0.95896 – 0.94428 – 0.94444 – 0.9452 —
0.94843 – 0.94890 —
50.69561533942 – 55.635456928031 —
– —
0.95145 – 1769733000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – Double top chart pattern – – – – – – – –