Additionally a ‘Bearish Harami’ candle pattern is detected. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62465 |
2nd High | 0.62329 |
Next High | 0.62313 |
Current Price | 0.61887 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Harami