There is also a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65604 |
2nd High | 1.65392 |
Next High | 1.65295 |
Current Price | 1.65147 |
Next Low | 1.64427 |
2nd Low | 1.63504 |
3rd Low | 1.63342 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low