And also a ‘Double top retreat up’ chart formation is found. The chart forms ‘Double top retreat up’. which is a positive pattern signal. The pair is likely to go up.
And also a ‘RSI Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Bullish Divergence’. signal.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18196 |
| 2nd High | 1.18077 |
| Next High | 1.1698 |
| Current Price | 1.16188 |
| Next Low | 1.16178 |
| 2nd Low | 1.16147 |
| 3rd Low | 1.15549 |
1.1698 – 1.18077 – 1.18037 – 1.16178 – 1.16586 – 1.17025 —
1.16467 – 1.16139 —
39.838822483687 – 31.848074630718 —
– —
1.16980 – 1768219200
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double top retreat up – – – – – – – –