Also there is a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Bullish Divergence’. chart scenario.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.97734 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.9797 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick pattern is detected. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97976 |
| 2nd High | 0.97975 |
| Next High | 0.9797 |
| Current Price | 0.97665 |
| Next Low | 0.97498 |
| 2nd Low | 0.97471 |
| 3rd Low | 0.97411 |
0.9797 – 0.9781 – 0.97911 – 0.97498 – 0.97539 – 0.97582 —
0.97704 – 0.97620 —
48.796667882223 – 41.012659512117 —
– —
0.9797 – 1776974400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – – – – – – – – –