There is also a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 111.469 |
| Next High | 111.298 |
| Current Price | 111.02300 |
| Next Low | 110.501 |
| 2nd Low | 110.258 |
| 3rd Low | 109.63 |
111.058 – 111.298 – 111.469 – 110.501 – 110.258 – 110.912 —
111.08600 – 111.21300 —
61.657066736561 – 56.290589204295 —
– —
111.058 – 1772141400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Engulfing – Double bottom retreat down – – – – – – – –