Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.67595 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.67878 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68542 |
| 2nd High | 1.68458 |
| Next High | 1.67878 |
| Current Price | 1.67148 |
| Next Low | 1.6689 |
| 2nd Low | 1.66732 |
| 3rd Low | 1.66105 |
1.67878 – 1.68458 – 1.68052 – 1.6689 – 1.66732 – 1.66826 —
1.66964 – 1.67139 —
39.079822989522 – 46.398934921265 —
– —
1.67878 – 1775120400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –