Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 112.277192 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 112.263 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.437 |
| 2nd High | 112.626 |
| Next High | 112.263 |
| Current Price | 111.93500 |
| Next Low | 111.148 |
| 2nd Low | 110.302 |
| 3rd Low | 109.756 |
111.876 – 112.263 – 112.626 – 111.148 – 111.978 – 111.287 —
111.78400 – 111.87300 —
49.825540654026 – 58.366738733166 —
– —
111.876 – 1783062000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –