Besides a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.70628 |
| 2nd High | 1.68309 |
| Next High | 1.67501 |
| Current Price | 1.65944 |
| Next Low | 1.6357 |
| 2nd Low | 1.63504 |
| 3rd Low |
1.67501 – 1.68309 – 1.70628 – 1.6626 – 1.66229 – 1.67613 —
1.66360 – 1.66033 —
43.311977303259 – 43.476340322024 —
– —
1.67501 – 1771948800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing – Double top chart pattern – – – – – – – –