And also a ‘Bullish Harami’ chart pattern is detected. The candles show ‘Bullish Harami’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Harami’ heading up is 53% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51696 |
2nd High | 1.51400 |
Next High | 1.50590 |
Current Price | 1.49493 |
Next Low | 1.49296 |
2nd Low | 1.48347 |
3rd Low | 1.48205 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Harami