Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 113.905724 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 114.706 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 114.706 |
| Current Price | 113.33900 |
| Next Low | 111.315 |
| 2nd Low | 108.777 |
| 3rd Low | 107.678 |
114.706 – 114.293 – 114.369 – 111.315 – 113.65 – 113.065 —
113.32200 – 112.65400 —
41.784658180501 – 38.503535795337 —
– —
114.706 – 1777334400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –