Also there is a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.67440 |
2nd High | 1.67107 |
Next High | 1.66514 |
Current Price | 1.65978 |
Next Low | 1.65407 |
2nd Low | 1.65222 |
3rd Low | 1.65080 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low