Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Also there is a ‘Tweezers Top’ chart pattern is detected. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1482 |
| 2nd High | 1.14759 |
| Next High | 1.14478 |
| Current Price | 1.14401 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.14478 – 1.14759 – 1.14741 – 1.14341 – 1.14308 – 1.14597 —
1.14376 – 1.14433 —
41.744531031892 – 47.426407008275 —
– —
1.14478 – 1784260800
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – – – – – – –