Moreover a ‘Evening Star’ candle pattern is existing. The chart shows ‘Evening Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91378 |
2nd High | 0.91347 |
Next High | 0.90868 |
Current Price | 0.90593 |
Next Low | 0.90379 |
2nd Low | 0.89830 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Evening Star