Besides a ‘Bullish Belt Hold’ chart pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05124 |
2nd High | 1.04580 |
Next High | 1.04241 |
Current Price | 1.04213 |
Next Low | 1.02238 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold