Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19282 |
| 2nd High | 1.18343 |
| Next High | 1.18285 |
| Current Price | 1.15941 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.18285 – 1.18343 – 1.19282 – 1.15069 – 1.15298 – 1.17656 —
1.16451 – 1.16348 —
52.924693254969 – 52.914417321978 —
– —
1.18285 – 1772064000
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –