There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.91252 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.91843 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91899 |
| 2nd High | 0.91887 |
| Next High | 0.91843 |
| Current Price | 0.90966 |
| Next Low | 0.90661 |
| 2nd Low | 0.90617 |
| 3rd Low | 0.90101 |
0.91843 – 0.91665 – 0.91671 – 0.90661 – 0.90896 – 0.91339 —
0.90913 – 0.90941 —
46.128889652562 – 51.311062212008 —
– —
0.91843 – 1763143200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – –