EUR/USD – 30M – BUYIn addition a ‘Tweezers Bottom’ chart pattern is existing. The candles show ‘Tweezers Bottom’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05124 |
| 2nd High | 1.04580 |
| Next High | 1.04366 |
| Current Price | 1.04272 |
| Next Low | 1.03757 |
| 2nd Low | 1.02952 |
| 3rd Low | 1.02732 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Bottom