There is also a ‘Inverse Head and Shoulder chart pattern’ chart layout is discovered. The chart shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish signal. The currency pair is likely to rise.
There is also a ‘Southern Doji’ candlestick chart pattern is existing. The candles form ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65972 |
| 2nd High | 0.65798 |
| Next High | 0.65405 |
| Current Price | 0.65226 |
| Next Low | 0.65211 |
| 2nd Low | 0.64836 |
| 3rd Low | 0.64647 |
0.65405 – 0.65336 – 0.65394 – 0.6528 – 0.65211 – 0.64836 —
0.65295 – 0.65282 —
42.889902148585 – 42.153061605227 —
– —
0.65405 – 1764298800
Trading Signals: FOREX – AUD – AUD/USD – USD – Southern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –