Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.8124 |
| Next High | 0.81016 |
| Current Price | 0.80342 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.81016 – 0.8124 – 0.79726 – 0.78778 – 0.80317 – 0.79247 —
0.81016 – 0.80827 —
61.775454238639 – 44.214469215955 —
0.81016 – 1764072000 —
– 1764072000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top chart pattern – – – – – – – –