There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 113.5955 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 113.581 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.438 |
| 2nd High | 114.305 |
| Next High | 113.581 |
| Current Price | 113.30100 |
| Next Low | 112.886 |
| 2nd Low | 112.366 |
| 3rd Low | 112.189 |
113.581 – 114.305 – 113.322 – 112.886 – 113.254 – 112.994 —
113.15600 – 113.21100 —
46.917636787904 – 49.864375953921 —
– —
113.581 – 1778158800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –