AUD/CAD – 30M – BUYThere is also a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90517 |
| Next High | 0.90032 |
| Current Price | 0.89735 |
| Next Low | 0.89676 |
| 2nd Low | 0.89668 |
| 3rd Low | 0.89550 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing