There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.71465 |
| 2nd High | 1.70628 |
| Next High | 1.68582 |
| Current Price | 1.68542 |
| Next Low | 1.67986 |
| 2nd Low | 1.67963 |
| 3rd Low | 1.67613 |
1.68582 – 1.70628 – 1.69842 – 1.67986 – 1.6881 – 1.68418 —
1.68699 – 1.68913 —
58.154983174044 – 54.604440072947 —
– —
1.68582 – 1770607800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – Double top chart pattern – – – – – – – –