Furthermore a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.58886 |
2nd High | 0.58877 |
Next High | 0.58171 |
Current Price | 0.57655 |
Next Low | 0.57609 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low