Moreover a ‘Matching Low’ chart pattern is found. The chart forms ‘Matching Low’. which is a bullish pattern signal. The 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 | 0.83386 |
2nd High | 0.83314 |
Next High | 0.83272 |
Current Price | 0.83165 |
Next Low | 0.82764 |
2nd Low | 0.82746 |
3rd Low | 0.82705 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low