AUD/USD – 30M – BUYAlso there is a ‘Bullish Engulfing’ candle chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65496 |
| 2nd High | 0.65277 |
| Next High | 0.65259 |
| Current Price | 0.64968 |
| Next Low | 0.64954 |
| 2nd Low | 0.64882 |
| 3rd Low | 0.64769 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Engulfing