In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.61535 |
| Current Price | 1.61241 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.61535 – 1.61308 – 1.61294 – 1.60627 – 1.60717 – 1.60602 —
1.61535 – 1.61268 —
69.687906097196 – 45.189398134616 —
1.61535 – 1767675600 —
– 1767675600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom chart pattern – – – – – – – –