Buy EUR/USD – 30M – BUY

In addition a ‘Bullish Engulfing’ candle chart pattern is detected. 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 success rate of a ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 1.05155
2nd High 1.05124
Next High 1.04222
Current Price 1.03823
Next Low 1.03439
2nd Low 1.03328
3rd Low

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