Moreover a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. 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 | 99.21500 |
2nd High | 98.74700 |
Next High | 98.34300 |
Current Price | 97.15500 |
Next Low | 97.00600 |
2nd Low | 96.95800 |
3rd Low | 96.64000 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low