Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37993 |
| 2nd High | 1.37389 |
| Next High | 1.37243 |
| Current Price | 1.36576 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37243 – 1.36996 – 1.36928 – 1.36241 – 1.36521 – 1.36573 —
1.36594 – 1.36734 —
46.825059513894 – 57.116432680368 —
– —
1.37243 – 1770343200
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – Double bottom retreat down – – – – – – – –