Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘Bearish Engulfing’ candle pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61766 |
| 2nd High | 1.6166 |
| Next High | 1.6138 |
| Current Price | 1.60938 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6138 – 1.61067 – 1.60823 – 1.60805 – 1.60778 – 1.60439 —
1.61140 – 1.60972 —
46.297353449131 – 44.10988670147 —
– —
1.6138 – 1781026200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Engulfing – – – – – – – – –