In addition a ‘Bearish Harami’ candlestick pattern is existing. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05124 |
2nd High | 1.04471 |
Next High | 1.04438 |
Current Price | 1.03961 |
Next Low | 1.03832 |
2nd Low | 1.03430 |
3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Harami