Also there is a ‘Tweezers Bottom’ candlestick pattern is discovered. The candles form ‘Tweezers Bottom’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 98.72700 |
2nd High | 98.23600 |
Next High | 98.10000 |
Current Price | 98.01400 |
Next Low | 97.77900 |
2nd Low | 97.74000 |
3rd Low | 97.73700 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Bottom