Besides a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04222 |
Current Price | 1.03624 |
Next Low | 1.03547 |
2nd Low | 1.03439 |
3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down