Furthermore a ‘Hammer’ candlestick pattern is found. The candles show ‘Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 50.860000000 |
2nd High | 50.840000000 |
Next High | 42.190000000 |
Current Price | 41.940000000 |
Next Low | 39.340000000 |
2nd Low | 38.800000000 |
3rd Low | 34.950000000 |