Next a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.57677 |
2nd High | 0.57369 |
Next High | 0.56619 |
Current Price | 0.56273 |
Next Low | 0.56076 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low