And also a ‘Double top retreat up’ chart pattern is discovered. The chart picture forms ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94.84800 |
| 2nd High | 94.74500 |
| Next High | 94.54200 |
| Current Price | 94.26300 |
| Next Low | 94.22400 |
| 2nd Low | 94.05600 |
| 3rd Low | 93.94200 |
94.54200 – 94.74500 – 94.84800 – 94.22400 – 94.39800 – 94.05600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double top retreat up