Additionally a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.923995 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.92543 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92592 |
| 2nd High | 0.92563 |
| Next High | 0.92543 |
| Current Price | 0.92353 |
| Next Low | 0.92207 |
| 2nd Low | 0.92023 |
| 3rd Low | 0.92017 |
0.92543 – 0.92563 – 0.92562 – 0.9245 – 0.9239 – 0.92207 —
0.92406 – 0.92335 —
39.748684442557 – 34.967565728019 —
– —
0.92543 – 1784262600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –