There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
There is also a ‘Three Inside Down’ candlestick pattern is detected. The candles form ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.81148 |
2nd High | 1.79429 |
Next High | 1.79394 |
Current Price | 1.78008 |
Next Low | |
2nd Low | |
3rd Low |
1.79394 – 1.79249 – 1.79429 – 1.77609 – 1.78532 – 1.77807
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Inside Down