There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
There is also a ‘Double top chart pattern’ chart pattern is detected. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.75200 |
2nd High | 163.32700 |
Next High | 162.54000 |
Current Price | 161.94100 |
Next Low | 161.85900 |
2nd Low | 161.83600 |
3rd Low | 161.15300 |
162.54000 – 163.32700 – 163.75200 – 162.01900 – 162.88700 – 162.12200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji