And also a ‘Matching Low’ candle pattern is found. The chart forms ‘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 chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63548 |
2nd High | 0.63269 |
Next High | 0.62650 |
Current Price | 0.62424 |
Next Low | 0.61987 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low