And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
And also a ‘Matching Low’ chart pattern is existing. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6334 |
| 2nd High | 1.63174 |
| Next High | 1.62259 |
| Current Price | 1.61460 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62259 – 1.62103 – 1.61355 – 1.61434 – 1.60602 – 1.61298 —
1.61368 – 1.61535 —
39.198406123405 – 48.216085624557 —
– —
1.62259 – 1768204800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low – – – – – – – – –