EUR/AUD – 30M – BUYFurthermore a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67107 |
| 2nd High | 1.66641 |
| Next High | 1.66358 |
| Current Price | 1.66129 |
| Next Low | 1.65992 |
| 2nd Low | 1.65839 |
| 3rd Low | 1.65777 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing