Furthermore a ‘Bullish Belt Hold’ candle pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 98.74700 |
2nd High | 98.73100 |
Next High | 97.92300 |
Current Price | 97.76100 |
Next Low | 97.04900 |
2nd Low | 96.92900 |
3rd Low | 95.79700 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold