Next a ‘Hammer’ chart pattern is existing. The candles form ‘Hammer’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.038320000 |
2nd High | 0.037350000 |
Next High | 0.037220000 |
Current Price | 0.035070000 |
Next Low | 0.034620000 |
2nd Low | 0.034120000 |
3rd Low | 0.034070000 |