Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Next a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64015 |
| 2nd High | 1.63721 |
| Next High | 1.62548 |
| Current Price | 1.62537 |
| Next Low | 1.61974 |
| 2nd Low | 1.61839 |
| 3rd Low | 1.61356 |
1.62421 – 1.62548 – 1.63721 – 1.61974 – 1.6218 – 1.61839 —
1.62775 – 1.62745 —
65.7134986435 – 54.108101402596 —
– —
1.62421 – 1778124600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Southern Doji – Rising Wedge Chart Pattern – – – – – – – –