Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
Furthermore a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38225 |
| 2nd High | 1.3815 |
| Next High | 1.3776 |
| Current Price | 1.37623 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3776 – 1.3815 – 1.37475 – 1.37448 – 1.37 – 1.37042 —
1.37657 – 1.37698 —
46.644446246863 – 54.398655796687 —
– —
1.37760 – 1767666600
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – – – – – – – – –