There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candlestick pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a positive 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’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 183.004 |
| 2nd High | 182.532 |
| Next High | 182.278 |
| Current Price | 181.77000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
182.278 – 181.938 – 182.532 – 181.12 – 181.241 – 180.801 —
181.57900 – 181.66700 —
55.197585040343 – 57.824351889936 —
– —
182.278 – 1770980400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – – – – – – – – –