Besides a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05370 |
2nd High | 1.05305 |
Next High | 1.05207 |
Current Price | 1.04648 |
Next Low | 1.04637 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low