Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 151.30100 |
Next High | 150.94000 |
Current Price | 149.30300 |
Next Low | 148.17400 |
2nd Low | 147.40900 |
3rd Low | 146.53700 |
150.94000 – 150.14400 – 149.19300 – 148.17400 – 147.40900 – 146.53700
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows