There is also a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44632 |
Next High | 1.44469 |
Current Price | 1.43820 |
Next Low | 1.43425 |
2nd Low | 1.43388 |
3rd Low | 1.42974 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low