And also a ‘Double top chart pattern’ chart formation is discovered. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.78991 |
| Next High | 1.78759 |
| Current Price | 1.78208 |
| Next Low | 1.78112 |
| 2nd Low | 1.7809 |
| 3rd Low | 1.77282 |
1.78759 – 1.78991 – 1.78854 – 1.78238 – 1.78522 – 1.78648 — 49.533971127172 – 46.520467447848 — 87.944680496543 – 89.245135634143 – 72.727583267423 – 82.365779749969
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – –