Furthermore a ‘Matching Low’ chart pattern is discovered. The chart forms ‘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 | 162.48600 |
2nd High | 162.11200 |
Next High | 162.00700 |
Current Price | 161.68700 |
Next Low | 160.65800 |
2nd Low | 159.63400 |
3rd Low | 159.10300 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Matching Low