AUD/JPY – 30M – BUYAnd also a ‘Advance Block’ candle pattern is detected. The candles show ‘Advance Block’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.21500 |
| 2nd High | 99.16100 |
| Next High | 98.65600 |
| Current Price | 98.44600 |
| Next Low | 98.04800 |
| 2nd Low | 97.52200 |
| 3rd Low | 97.49000 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Advance Block