There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
There is also a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.95896 |
| Next High | 0.94991 |
| Current Price | 0.94897 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.94991 – 0.95896 – 0.95453 – 0.94416 – 0.94428 – 0.9452 —
0.94836 – 0.94969 —
47.700632879644 – 52.39957440012 —
– —
0.94991 – 1769792400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – Head and Shoulder chart pattern – – – – – – – –