AUD/JPY – 30M – BUYAlso there is a ‘Bullish Engulfing’ candle chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.30800 |
| 2nd High | 99.21500 |
| Next High | 99.01800 |
| Current Price | 98.88000 |
| Next Low | 98.73300 |
| 2nd Low | 98.15100 |
| 3rd Low | 97.52200 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Engulfing