In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.97642 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.98031 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.98335 |
| 2nd High | 0.98062 |
| Next High | 0.98031 |
| Current Price | 0.97784 |
| Next Low | 0.97539 |
| 2nd Low | 0.97285 |
| 3rd Low | 0.97222 |
0.98031 – 0.98062 – 0.98054 – 0.97826 – 0.97539 – 0.97285 —
0.97906 – 0.97909 —
50.453541084677 – 50.529578630431 —
– —
0.98031 – 1777876200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – Rising Wedge Chart Pattern – – – – – – – –