Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.86736 |
2nd High | 0.85834 |
Next High | 0.83346 |
Current Price | 0.82702 |
Next Low | |
2nd Low | |
3rd Low |
0.83346 – 0.83110 – 0.82871 – 0.82391 – 0.81969 – 0.80392
Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji