Additionally a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0 |
2nd High | 0 |
Next High | 0 |
Current Price | 1.62232 |
Next Low | 0 |
2nd Low | 0 |
3rd Low | 0 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing