And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 110.184 |
| Current Price | 109.67300 |
| Next Low | 106.853 |
| 2nd Low | 106.519 |
| 3rd Low | 106.074 |
110.184 – 109.547 – 108.579 – 106.853 – 107.291 – 106.519 —
109.93100 – 109.81600 —
53.845495077513 – 49.848066920285 —
– —
110.184 – 1770213600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Up – Double top retreat up – – – – – – – –