And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Matching Low’ chart pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.7967 |
| 2nd High | 1.79358 |
| Next High | 1.7884 |
| Current Price | 1.78201 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.7884 – 1.79358 – 1.78691 – 1.77703 – 1.77628 – 1.77303 —
1.78570 – 1.78524 —
54.973753864539 – 49.200808523921 —
– —
1.78840 – 1763532000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – –