In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 114.706 |
| Current Price | 113.50600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
114.706 – 114.293 – 114.369 – 111.315 – 113.65 – 113.065 —
113.01800 – 113.46400 —
41.681349548653 – 54.094831534642 —
– —
114.706 – 1777334400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold – – – – – – – – –