Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Three Inside Down’ candle chart pattern is discovered. The candles show ‘Three Inside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.875 |
| 2nd High | 158.193 |
| Next High | 157.891 |
| Current Price | 155.87700 |
| Next Low | 153.615 |
| 2nd Low | 152.815 |
| 3rd Low | 151.537 |
157.891 – 154.482 – 154.444 – 156.197 – 153.615 – 152.815 —
157.18600 – 156.18500 —
57.35868249795 – 43.285512515243 —
– —
157.89100 – 1763654400
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Inside Down – – – – – – – – –