EUR/AUD – 1H – SELLAnd also a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.80819 |
| 2nd High | 1.79759 |
| Next High | 1.78991 |
| Current Price | 1.78463 |
| Next Low | 1.78331 |
| 2nd Low | 1.78112 |
| 3rd Low | 1.77282 |
1.78991 – 1.79759 – 1.80819 – 1.78522 – 1.78644 – 1.78872 — 51.967520115779 – 46.723977495744 — 80.943033102386 – 69.349499615089 – 80.3252408596 – 77.590454195535
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – –