And also a ‘Tweezers Bottom’ chart pattern is detected. The chart forms ‘Tweezers Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94176 |
2nd High | 0.93879 |
Next High | 0.93617 |
Current Price | 0.93540 |
Next Low | 0.93385 |
2nd Low | 0.93057 |
3rd Low | 0.92967 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Bottom