EUR/CHF – 4H – BUYFurthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Furthermore a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94087 |
| 2nd High | 0.93530 |
| Next High | 0.93379 |
| Current Price | 0.93060 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.93379 – 0.93530 – 0.94087 – 0.92216 – 0.93006 – 0.95118
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low