Sell EUR/AUD – 1H – SELL

Besides a ‘Last Engulfing Bottom:’ candlestick pattern is detected. The chart forms ‘Last Engulfing Bottom:’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 1.67149
2nd High 1.67087
Next High 1.67049
Current Price 1.66565
Next Low 1.66197
2nd Low 1.65662
3rd Low 1.64748

Download EUR/AUD Signal Image

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