In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Bearish SBS White Lines’ candlestick pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.7185 |
| Current Price | 0.71525 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.7185 – 0.7168 – 0.70817 – 0.71122 – 0.7053 – 0.69813 —
0.71646 – 0.71666 —
56.375173213756 – 45.748524005729 —
– —
0.7185 – 1773214200
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish SBS White Lines – – – – – – – – –