Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. 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’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68458 |
| 2nd High | 1.66898 |
| Next High | 1.65168 |
| Current Price | 1.63913 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.65168 – 1.62761 – 1.63327 – 1.61894 – 1.62004 – 1.62044 —
1.64456 – 1.64267 —
53.274987850237 – 43.328941657557 —
– —
1.65168 – 1781193600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish SBS White Lines – – – – – – – – –