And also a ‘Double bottom chart pattern’ chart formation is existing. The formation shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.97241 |
| Next Low | 0.96418 |
| 2nd Low | 0.96116 |
| 3rd Low | 0.95981 |
0.97065 – 0.96979 – 0.96247 – 0.96418 – 0.96116 – 0.95981 —
0.97313 – 0.97422 —
57.168507161326 – 59.99449870336 —
– —
0.97065 – 1771804800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –