EUR/AUD – 30M – BUYThen a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64969 |
| 2nd High | 1.63924 |
| Next High | 1.63716 |
| Current Price | 1.63562 |
| Next Low | 1.63237 |
| 2nd Low | 1.61957 |
| 3rd Low | 1.61685 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing