Moreover a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06542 |
2nd High | 1.06297 |
Next High | 1.05940 |
Current Price | 1.05668 |
Next Low | 1.05449 |
2nd Low | 1.05318 |
3rd Low | 1.04721 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up