There is also a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. chart scenario.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.92931 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.9306 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93165 |
| 2nd High | 0.93157 |
| Next High | 0.9306 |
| Current Price | 0.92824 |
| Next Low | 0.92754 |
| 2nd Low | 0.92697 |
| 3rd Low | 0.92577 |
0.9306 – 0.93157 – 0.93165 – 0.92754 – 0.92697 – 0.93001 —
0.92786 – 0.92791 —
42.872515584485 – 44.689355924388 —
– —
0.93060 – 1767614400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –