And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 189.65200 |
2nd High | 189.34800 |
Next High | 189.14000 |
Current Price | 188.83500 |
Next Low | |
2nd Low | |
3rd Low |
189.14000 – 189.34800 – 189.65200 – 188.68800 – 188.06700 – 187.45700
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji