Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Next a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 108.996 |
| Next High | 108.566 |
| Current Price | 107.85200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
108.566 – 107.138 – 107.087 – 106.519 – 106.074 – 106.072 —
107.99000 – 107.85100 —
49.51829814078 – 52.493857444329 —
– —
108.56600 – 1769670000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –