There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 181.945192 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 182.169 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 182.532 |
| 2nd High | 182.294 |
| Next High | 182.169 |
| Current Price | 181.68900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
182.169 – 182.004 – 182.294 – 180.816 – 181.695 – 181.12 —
181.28000 – 181.56600 —
44.510652084179 – 58.867476257586 —
– —
182.169 – 1771291800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – Double top retreat up – – – – – – – –