Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.
Moreover a ‘Tweezers Top’ candle chart pattern is found. The candles form ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67541 |
| 2nd High | 1.67501 |
| Next High | 1.6671 |
| Current Price | 1.65976 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6671 – 1.66013 – 1.66064 – 1.65648 – 1.65684 – 1.65873 —
1.66451 – 1.65989 —
62.59575559777 – 47.479064009742 —
– —
1.6671 – 1772125200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Tweezers Top – – – – – – – – –