Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90467 |
| 2nd High | 0.90391 |
| Next High | 0.90382 |
| Current Price | 0.90237 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90382 – 0.90279 – 0.90391 – 0.9006 – 0.90087 – 0.9021 —
0.90382 – 0.90283 —
57.535178783378 – 49.605697415632 —
0.90382 – 1773315000 —
– 1773315000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –