In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.15265 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.15522 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15969 |
| 2nd High | 1.15905 |
| Next High | 1.15522 |
| Current Price | 1.15312 |
| Next Low | 1.15093 |
| 2nd Low | 1.15014 |
| 3rd Low | 1.15008 |
1.15203 – 1.15522 – 1.15496 – 1.15093 – 1.15014 – 1.15231 —
1.15326 – 1.15497 —
59.486309710144 – 62.189951168613 —
– —
1.15203 – 1763766000
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – – – – – – – – –