And also a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65496 |
2nd High | 0.65277 |
Next High | 0.65259 |
Current Price | 0.64931 |
Next Low | 0.64882 |
2nd Low | 0.64769 |
3rd Low | 0.64474 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low