Furthermore a ‘Hammer’ candlestick chart pattern is discovered. The candles form ‘Hammer’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 107793.070000000 |
2nd High | 107000.000000000 |
Next High | 99963.700000000 |
Current Price | 98187.960000000 |
Next Low | 96650.000000000 |
2nd Low | 95924.600000000 |
3rd Low | 92888.000000000 |