AUD/USD – 1H – BUYBesides a ‘Matching Low’ candlestick pattern is detected. The candles show ‘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 likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65043 |
| 2nd High | 0.64712 |
| Next High | 0.64291 |
| Current Price | 0.63567 |
| Next Low | 0.63539 |
| 2nd Low | 0.63363 |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low