In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.64081 |
Next High | 0.63939 |
Current Price | 0.63802 |
Next Low | 0.63330 |
2nd Low | 0.63220 |
3rd Low | 0.63157 |
0.63939 – 0.63763 – 0.63911 – 0.63330 – 0.63570 – 0.63220
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji