Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
Moreover a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70208 |
| 2nd High | 0.70121 |
| Next High | 0.70007 |
| Current Price | 0.69815 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.70007 – 0.70121 – 0.70208 – 0.69656 – 0.69896 – 0.69858 —
0.69727 – 0.69860 —
37.994672675681 – 53.868468364073 —
– —
0.70007 – 1784257200
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Engulfing – – – – – – – – –