Also there is a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 108.48800 |
| Next Low | 107.842 |
| 2nd Low | 106.294 |
| 3rd Low | 105.973 |
108.186 – 107.198 – 106.782 – 107.842 – 106.294 – 105.973 —
108.71500 – 108.19800 —
72.913006884211 – 36.558108718008 —
– —
108.18600 – 1769072400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –