Also there is a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. which is a bullish pattern signal. 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 | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04222 |
Current Price | 1.03581 |
Next Low | 1.03547 |
2nd Low | 1.03439 |
3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low