Moreover a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.65277 |
2nd High | 0.64712 |
Next High | 0.64291 |
Current Price | 0.63121 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low