AUD/USD – 30M – BUYNext a ‘Hammer’ candlestick pattern is existing. The candles form ‘Hammer’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62539 |
| 2nd High | 0.62465 |
| Next High | 0.62329 |
| Current Price | 0.62181 |
| Next Low | 0.62014 |
| 2nd Low | 0.62002 |
| 3rd Low | 0.61987 |