Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.
Additionally a ‘Bearish Engulfing’ chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.20821 |
| Next High | 1.19282 |
| Current Price | 1.17804 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.19282 – 1.18377 – 1.20821 – 1.18326 – 1.17651 – 1.17756 —
1.18571 – 1.17952 —
45.862854793215 – 32.817617384132 —
– —
1.19282 – 1770739200
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Engulfing – – – – – – – – –