There is also a ‘Evening Star’ candlestick pattern is detected. The chart shows ‘Evening Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65043 |
2nd High | 0.64935 |
Next High | 0.64712 |
Current Price | 0.63957 |
Next Low | 0.63793 |
2nd Low | 0.63724 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Evening Star