And also a ‘Head and Shoulder chart pattern’ chart pattern is discovered. The formation shows ‘Head and Shoulder chart pattern’. this is a bearish signal. The currency pair is likely to go down.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79358 |
| 2nd High | 1.7884 |
| Next High | 1.78669 |
| Current Price | 1.77820 |
| Next Low | 1.77703 |
| 2nd Low | 1.76297 |
| 3rd Low | 1.76003 |
1.78669 – 1.7884 – 1.78811 – 1.77962 – 1.77703 – 1.76297 —
1.78126 – 1.77886 —
39.456831380342 – 36.41514866803 —
– —
1.78669 – 1763580600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Head and Shoulder chart pattern – – – –