Moreover a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 163.65900 |
2nd High | 163.61600 |
Next High | 163.59100 |
Current Price | 163.23100 |
Next Low | 162.84100 |
2nd Low | 162.50700 |
3rd Low | 162.33800 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up