In addition a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.67762 |
2nd High | 1.67440 |
Next High | 1.67107 |
Current Price | 1.65325 |
Next Low | 1.64894 |
2nd Low | 1.64864 |
3rd Low | 1.64843 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing