And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.98039 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.98039 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.98648 |
| 2nd High | 0.98111 |
| Next High | 0.98039 |
| Current Price | 0.97969 |
| Next Low | 0.97743 |
| 2nd Low | 0.97453 |
| 3rd Low | 0.97411 |
0.98039 – 0.97873 – 0.9797 – 0.97743 – 0.97453 – 0.9755 —
0.97944 – 0.97925 —
58.68936380405 – 54.545606233685 —
– —
0.98039 – 1777269600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – – – – – – – – –