Besides a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49791 |
2nd High | 1.49400 |
Next High | 1.49251 |
Current Price | 1.48544 |
Next Low | 1.48421 |
2nd Low | 1.48358 |
3rd Low | 1.48319 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low