There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Latter Bottom’ candlestick pattern is found. The chart forms ‘Latter Bottom’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.56919 |
2nd High | 1.56726 |
Next High | 1.56709 |
Current Price | 1.56463 |
Next Low | |
2nd Low | |
3rd Low |
1.56709 – 1.56677 – 1.56726 – 1.55979 – 1.56050 – 1.56091
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Latter Bottom