In addition a ‘Double bottom retreat down’ chart pattern is found. The chart picture forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to fall.
In addition a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16406 |
| 2nd High | 1.1617 |
| Next High | 1.16139 |
| Current Price | 1.16023 |
| Next Low | 1.16019 |
| 2nd Low | 1.15927 |
| 3rd Low | 1.15908 |
1.16139 – 1.1617 – 1.16406 – 1.16038 – 1.16019 – 1.15927 —
1.16173 – 1.16187 —
53.207675667956 – 51.847295784962 —
– —
1.16139 – 1768537800
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –