And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39604 |
| 2nd High | 1.3952 |
| Next High | 1.38717 |
| Current Price | 1.38079 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.38717 – 1.38585 – 1.38572 – 1.37835 – 1.3845 – 1.3842 —
1.38175 – 1.38225 —
54.021598295548 – 57.47426500355 —
– —
1.38717 – 1765384200
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – – – – – – – – –