Besides a ‘Hammer’ candle pattern is detected. The candles show ‘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 | 7.988000000 |
2nd High | 6.840000000 |
Next High | 6.810000000 |
Current Price | 6.771000000 |
Next Low | 6.454000000 |
2nd Low | 6.010000000 |
3rd Low | 5.955000000 |