Sell AUD/USD – 1H – SELL

Next a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.62646
2nd High 0.62539
Next High 0.62465
Current Price 0.62133
Next Low 0.62014
2nd Low 0.62002
3rd Low 0.61987

Download AUD/USD Signal Image

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