In addition a ‘Double bottom retreat down’ chart layout is detected. The chart picture shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to fall.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17795 |
| 2nd High | 1.17644 |
| Next High | 1.17284 |
| Current Price | 1.17276 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.17284 – 1.16944 – 1.17644 – 1.17101 – 1.16586 – 1.16719 —
1.17380 – 1.17425 —
66.668784240082 – 60.995141530628 —
– —
1.17284 – 1767648600
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low – Double bottom retreat down – – – – – – – –