Moreover a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. 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 | 98.74700 |
2nd High | 98.72700 |
Next High | 98.23600 |
Current Price | 97.87500 |
Next Low | 97.74000 |
2nd Low | 97.73700 |
3rd Low | 97.42700 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low