Besides a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.88794 |
2nd High | 0.88530 |
Next High | 0.88038 |
Current Price | 0.87978 |
Next Low | 0.87706 |
2nd Low | 0.87584 |
3rd Low | 0.87354 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low