Besides a ‘Tweezers Bottom’ candle chart pattern is detected. The chart forms ‘Tweezers Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.67428 |
Next Low | 1.66311 |
2nd Low | 1.66197 |
3rd Low | 1.66040 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Tweezers Bottom