And also a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65043 |
2nd High | 0.64935 |
Next High | 0.64525 |
Current Price | 0.64440 |
Next Low | 0.64211 |
2nd Low | 0.63990 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up