EUR/USD – 30M – BUYAlso there is a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04175 |
| 2nd High | 1.04095 |
| Next High | 1.04049 |
| Current Price | 1.04018 |
| Next Low | 1.03904 |
| 2nd Low | 1.03832 |
| 3rd Low | 1.03430 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Engulfing