Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.99070624 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.99507 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.9957 |
| Next High | 0.99507 |
| Current Price | 0.98839 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.99507 – 0.99312 – 0.99116 – 0.97458 – 0.9784 – 0.98402 —
0.97977 – 0.98581 —
41.759814555292 – 60.643144064854 —
– —
0.99507 – 1780401600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – – – – – – – – –