Moreover a ‘Bullish Meeting Lines’ candlestick chart pattern is existing. The candles show ‘Bullish Meeting Lines’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 98.74700 |
2nd High | 98.73100 |
Next High | 97.92300 |
Current Price | 97.55000 |
Next Low | 97.04900 |
2nd Low | 96.92900 |
3rd Low | 95.79700 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Meeting Lines