Besides a ‘Evening Star’ chart pattern is existing. The chart shows ‘Evening Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 162.11200 |
2nd High | 162.00700 |
Next High | 161.54900 |
Current Price | 161.31300 |
Next Low | 159.63400 |
2nd Low | 159.10300 |
3rd Low | 158.64400 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Evening Star