Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 185.568 |
| Next High | 185.55200 |
| Current Price | 185.36700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
185.55200 – 185.468 – 185.433 – 184.653 – 185.048 – 185.14 —
185.55200 – 185.43100 —
64.204903908039 – 51.898567151068 —
185.55200 – 1781256600 —
– 1781256600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – – – – – – – – –