Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Bearish Belt Hold’ chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91608 |
| 2nd High | 0.91448 |
| Next High | 0.91363 |
| Current Price | 0.91171 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.91363 – 0.91448 – 0.91608 – 0.91163 – 0.9107 – 0.91128 —
0.91198 – 0.91200 —
42.708251284446 – 45.275600299589 —
– —
0.91363 – 1771246800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – – – – – – – – –