AUD/CAD – 1H – BUYThere is also a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91821 |
| 2nd High | 0.91641 |
| Next High | 0.91309 |
| Current Price | 0.91054 |
| Next Low | 0.90993 |
| 2nd Low | 0.90758 |
| 3rd Low | 0.90681 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing