In addition a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. this is a bullish pattern 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’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89837 |
2nd High | 0.89735 |
Next High | 0.89722 |
Current Price | 0.89427 |
Next Low | 0.89413 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Matching Low