Also there is a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. 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 | 1.04471 |
2nd High | 1.04452 |
Next High | 1.04175 |
Current Price | 1.04168 |
Next Low | 1.03904 |
2nd Low | 1.03832 |
3rd Low | 1.03430 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low