Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. which 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.72274 |
| 2nd High | 0.722 |
| Next High | 0.7217 |
| Current Price | 0.71781 |
| Next Low | 0.71095 |
| 2nd Low | 0.71012 |
| 3rd Low | 0.70769 |
0.7217 – 0.722 – 0.72274 – 0.71994 – 0.7183 – 0.71095 —
0.71979 – 0.71913 —
37.619708071554 – 36.906543596049 —
– —
0.7217 – 1777876200
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –