AUD/CAD – 30M – BUYIn addition a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91641 |
| 2nd High | 0.91378 |
| Next High | 0.91243 |
| Current Price | 0.90568 |
| Next Low | 0.90224 |
| 2nd Low | 0.90186 |
| 3rd Low | 0.90171 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing