Besides a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83272 |
2nd High | 0.82952 |
Next High | 0.82821 |
Current Price | 0.82698 |
Next Low | 0.82492 |
2nd Low | 0.82304 |
3rd Low | 0.82243 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low