There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.79855 |
2nd High | 1.79828 |
Next High | 1.78691 |
Current Price | 1.78220 |
Next Low | 1.77696 |
2nd Low | 1.76616 |
3rd Low | 1.73686 |
1.78691 – 1.78612 – 1.78362 – 1.77696 – 1.76616 – 1.77242
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows