EUR/AUD – 30M – BUYIn addition a ‘Bullish Meeting Lines’ candlestick pattern is existing. The chart forms ‘Bullish Meeting Lines’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62743 |
| 2nd High | 1.62524 |
| Next High | 1.62494 |
| Current Price | 1.62121 |
| Next Low | 1.61583 |
| 2nd Low | 1.61260 |
| 3rd Low | 1.60040 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Meeting Lines