EUR/AUD – 30M – SELLFurthermore a ‘Tweezers Top’ candle pattern is existing. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67762 |
| 2nd High | 1.67440 |
| Next High | 1.67107 |
| Current Price | 1.66425 |
| Next Low | 1.65407 |
| 2nd Low | 1.65222 |
| 3rd Low | 1.65080 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Tweezers Top