Also there is 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 could go up.
Also there is a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72337 |
| Next High | 1.71023 |
| Current Price | 1.70664 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.71023 – 1.72337 – 1.7194 – 1.68932 – 1.71419 – 1.711 —
1.69873 – 1.70388 —
45.949543974087 – 54.433832230554 —
– —
1.71023 – 1769706000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – Double top chart pattern – – – – – – – –