Buy AUD/USD – 30M – BUY

Next a ‘Hammer’ candlestick chart pattern is discovered. The candles show ‘Hammer’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

Next a ‘Double top chart pattern’ chart layout is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High
2nd High 0.65144
Next High 0.64641
Current Price 0.64132
Next Low 0.63652
2nd Low 0.63557
3rd Low 0.63434

0.64641 – 0.65144 – 0.64708 – 0.64211 – 0.64375 – 0.64425

Download AUD/USD Signal Image

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