Also there is a ‘Bullish Engulfing’ candle chart pattern is detected. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65107 |
2nd High | 0.65043 |
Next High | 0.64935 |
Current Price | 0.64848 |
Next Low | 0.64605 |
2nd Low | 0.64549 |
3rd Low | 0.64426 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Engulfing