There is also a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. 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 success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.44669 |
Next High | 1.44632 |
Current Price | 1.43361 |
Next Low | 1.42791 |
2nd Low | 1.42222 |
3rd Low | 1.42190 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low