Also there is a ‘Matching Low’ chart pattern is discovered. The chart shows ‘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 success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90032 |
2nd High | 0.89899 |
Next High | 0.89714 |
Current Price | 0.89592 |
Next Low | 0.89298 |
2nd Low | 0.89215 |
3rd Low | 0.88881 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Matching Low