In addition a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. which is a positive signal. The currency 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 | |
2nd High | |
Next High | 1.44669 |
Current Price | 1.43957 |
Next Low | 1.43043 |
2nd Low | 1.42984 |
3rd Low | 1.42222 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low