Moreover a ‘Bullish Meeting Lines’ candlestick pattern is existing. The chart shows ‘Bullish Meeting Lines’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.94176 |
Next High | 0.93879 |
Current Price | 0.93284 |
Next Low | 0.92709 |
2nd Low | 0.92555 |
3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Meeting Lines