EUR/GBP – 30M – BUYThere is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.
There is also a ‘Tweezers Bottom’ chart pattern is existing. The chart forms ‘Tweezers Bottom’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87377 |
| 2nd High | 0.86938 |
| Next High | 0.86164 |
| Current Price | 0.85915 |
| Next Low | 0.85563 |
| 2nd Low | 0.85541 |
| 3rd Low | 0.85455 |
0.85823 – 0.86164 – 0.85763 – 0.85563 – 0.85541 – 0.85879
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Bottom