Also there is a ‘Double bottom chart pattern’ chart layout is existing. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
Also there is a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.93478 |
| Next Low | 0.93299 |
| 2nd Low | 0.93095 |
| 3rd Low | 0.92979 |
0.93468 – 0.9324 – 0.9326 – 0.93299 – 0.93095 – 0.92979 —
0.93439 – 0.93507 —
57.311368696284 – 55.628554626498 —
– —
0.93468 – 1768991400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing – Double bottom chart pattern – – – – – – – –