Furthermore a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture forms ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to go down.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Bearish Belt Hold’ chart pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96979 |
| 2nd High | 0.96699 |
| Next High | 0.96671 |
| Current Price | 0.96670 |
| Next Low | 0.96352 |
| 2nd Low | 0.96185 |
| 3rd Low | 0.96151 |
0.96671 – 0.96699 – 0.96678 – 0.96352 – 0.96399 – 0.96425 —
0.96754 – 0.96791 —
56.034737126949 – 62.972034806803 —
– —
0.96671 – 1771437600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Belt Hold – Double bottom retreat down – – – – – – – –