EUR/USD – 4H – BUYThere is also a ‘Inverted Hammer’ candle pattern is existing. The chart shows ‘Inverted Hammer’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09367 |
| 2nd High | 1.06297 |
| Next High | 1.05340 |
| Current Price | 1.04317 |
| Next Low | 1.03328 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – EUR – EUR/USD – USD – Inverted Hammer