Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71663 |
| 2nd High | 0.71629 |
| Next High | 0.71356 |
| Current Price | 0.71289 |
| Next Low | 0.71143 |
| 2nd Low | 0.71107 |
| 3rd Low | 0.71098 |
0.71356 – 0.71629 – 0.71579 – 0.71143 – 0.71107 – 0.71325 —
0.71267 – 0.71374 —
41.812298156621 – 51.579597351014 —
– —
0.71356 – 1777003200
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Engulfing – – – – – – – – –