In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
In addition a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.6403 |
| Next High | 1.63936 |
| Current Price | 1.61673 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.63936 – 1.62918 – 1.62068 – 1.60742 – 1.61083 – 1.61776 —
1.61715 – 1.61982 —
57.837105930747 – 66.808686135951 —
– —
1.63936 – 1769551200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Two Crows – Head and Shoulder chart pattern – – – – – – – –