Moreover a ‘Matching Low’ candlestick chart pattern is found. The chart shows ‘Matching Low’. which is a positive chart scenario. 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 | 1.65839 |
2nd High | 1.65604 |
Next High | 1.65191 |
Current Price | 1.63619 |
Next Low | 1.63342 |
2nd Low | 1.63237 |
3rd Low | 1.61957 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low