Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Also there is a ‘Bearish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bearish Belt Hold’. 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 likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.98679 |
| Next High | 0.98648 |
| Current Price | 0.97846 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.98648 – 0.98679 – 0.9822 – 0.97411 – 0.97994 – 0.98013 —
0.97996 – 0.98042 —
45.156902756921 – 49.376207594794 —
– —
0.98648 – 1776441600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –