And also a ‘Tweezers Top’ candle pattern is detected. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.66790 |
2nd High | 1.66533 |
Next High | 1.66163 |
Current Price | 1.65792 |
Next Low | 1.65722 |
2nd Low | 1.65446 |
3rd Low | 1.65407 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Tweezers Top