Besides a ‘Tweezers Top’ candlestick pattern is found. The chart forms ‘Tweezers Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 99.16100 |
2nd High | 98.65600 |
Next High | 98.49900 |
Current Price | 97.95100 |
Next Low | 97.66400 |
2nd Low | 97.52200 |
3rd Low | 97.49000 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top