And also a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. 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 ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.42447 |
Current Price | 1.42184 |
Next Low | 1.42092 |
2nd Low | 1.41309 |
3rd Low | 1.41193 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down