In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66166 |
| 2nd High | 1.65662 |
| Next High | 1.65168 |
| Current Price | 1.64428 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.65168 – 1.65016 – 1.64909 – 1.6414 – 1.64717 – 1.64435 —
1.64493 – 1.64510 —
45.582343952025 – 51.223029040442 —
– —
1.65168 – 1781193600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing – – – – – – – – –