In addition a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90785 |
2nd High | 0.90517 |
Next High | 0.90173 |
Current Price | 0.89844 |
Next Low | 0.89394 |
2nd Low | 0.89298 |
3rd Low | 0.89215 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Matching Low