Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Next a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.71465 |
| 2nd High | 1.68838 |
| Next High | 1.68525 |
| Current Price | 1.68656 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.68525 – 1.68838 – 1.71465 – 1.67963 – 1.67982 – 1.68054 —
1.68985 – 1.68789 —
63.997139843146 – 56.445157629768 —
– —
1.68525 – 1770181200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – – – – – – – – –