Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
Moreover a ‘Tweezers Top’ candlestick pattern is existing. The chart shows ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92867 |
| 2nd High | 0.92663 |
| Next High | 0.92659 |
| Current Price | 0.92347 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92659 – 0.92261 – 0.9227 – 0.92329 – 0.91763 – 0.91801 —
0.92400 – 0.92394 —
40.437824148629 – 42.419237917047 —
– —
0.92659 – 1782097200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top – – – – – – – – –