And also a ‘Above the Stomach’ candlestick pattern is detected. The candles show ‘Above the Stomach’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65282 |
2nd High | 1.64969 |
Next High | 1.63924 |
Current Price | 1.63308 |
Next Low | 1.61957 |
2nd Low | 1.61685 |
3rd Low | 1.61583 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Above the Stomach