Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.7967 |
| Next High | 1.78984 |
| Current Price | 1.77289 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.78984 – 1.78498 – 1.77069 – 1.77712 – 1.76309 – 1.76003 —
1.78896 – 1.77821 —
65.987628526784 – 37.79994919118 —
– —
1.78984 – 1762534800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – Inverse Head and Shoulder chart pattern – – –