Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.70377212 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.70733 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71443 |
| 2nd High | 0.71116 |
| Next High | 0.70733 |
| Current Price | 0.70576 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.70733 – 0.71116 – 0.70798 – 0.7048 – 0.70149 – 0.70236 —
0.70486 – 0.70629 —
35.206715208112 – 50.838264268556 —
– —
0.70733 – 1771923600
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –