Buy AUD/CAD – 1H – BUY

In addition a ‘Matching Low’ chart pattern is discovered. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.91641
2nd High 0.91378
Next High 0.91243
Current Price 0.90480
Next Low 0.90002
2nd Low
3rd Low

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