Additionally a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.41778 |
Next High | 1.41747 |
Current Price | 1.41708 |
Next Low | 1.40930 |
2nd Low | 1.40156 |
3rd Low | 1.40100 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low