There is also a ‘Inverse Head and Shoulder chart pattern’ chart layout is existing. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. 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 success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37022 |
| 2nd High | 1.36856 |
| Next High | 1.36838 |
| Current Price | 1.36630 |
| Next Low | 1.36283 |
| 2nd Low | 1.36246 |
| 3rd Low | 1.34929 |
1.36838 – 1.36504 – 1.36856 – 1.36283 – 1.36321 – 1.3651 —
1.36735 – 1.36716 —
59.624064207766 – 56.890155183555 —
– —
1.36838 – 1770238800
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low – Inverse Head and Shoulder chart pattern – – – – – – – –