Moreover a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.68016 |
Next High | 1.67700 |
Current Price | 1.67355 |
Next Low | 1.66910 |
2nd Low | 1.66898 |
3rd Low | 1.66311 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up