AUD/USD – 30M – BUYAdditionally a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
Additionally a ‘Tweezers Top’ candle pattern is existing. The chart forms ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65796 |
| 2nd High | 0.65787 |
| Next High | 0.65684 |
| Current Price | 0.65366 |
| Next Low | 0.65225 |
| 2nd Low | 0.65078 |
| 3rd Low | 0.64840 |
0.65684 – 0.65546 – 0.65787 – 0.65380 – 0.65456 – 0.65485 — 50.328144593912 – 35.765299501265 — 8.5291830600142 – 8.2529624084584 – 12.348671129589 – 9.2979530089898
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – Double top chart pattern – –