EUR/USD – 1H – BUYAdditionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04366 |
| 2nd High | 1.04340 |
| Next High | 1.03572 |
| Current Price | 1.02969 |
| Next Low | 1.02834 |
| 2nd Low | 1.02729 |
| 3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold