In addition a ‘Matching Low’ candlestick chart pattern is discovered. 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 success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65282 |
2nd High | 1.64969 |
Next High | 1.63924 |
Current Price | 1.63516 |
Next Low | 1.63237 |
2nd Low | 1.61957 |
3rd Low | 1.61685 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low