There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
There is also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 185.1105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 185.552 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.201 |
| 2nd High | 185.568 |
| Next High | 185.552 |
| Current Price | 185.29800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
185.552 – 185.468 – 185.433 – 185.249 – 184.653 – 185.048 —
185.47400 – 185.45900 —
52.586925586336 – 48.013167939099 —
– —
185.552 – 1781256600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –