Besides a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06542 |
2nd High | 1.06094 |
Next High | 1.05969 |
Current Price | 1.05461 |
Next Low | 1.05275 |
2nd Low | 1.04744 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low