There is also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.68016 |
2nd High | 1.67762 |
Next High | 1.66514 |
Current Price | 1.65953 |
Next Low | 1.65446 |
2nd Low | 1.65407 |
3rd Low | 1.65222 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing