And also a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
And also a ‘Double top chart pattern’ chart layout is detected. The formation shows ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.75200 |
2nd High | 163.32700 |
Next High | 162.54000 |
Current Price | 162.06900 |
Next Low | 162.01900 |
2nd Low | 161.85900 |
3rd Low | 161.83600 |
162.54000 – 163.32700 – 163.75200 – 162.01900 – 162.88700 – 162.12200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji