Furthermore a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 99.21500 |
2nd High | 98.74700 |
Next High | 98.02700 |
Current Price | 97.57400 |
Next Low | 97.31700 |
2nd Low | 96.70700 |
3rd Low | 95.65700 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low