Also there is a ‘Bearish Harami’ chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.03572 |
2nd High | 1.03240 |
Next High | 1.03210 |
Current Price | 1.03007 |
Next Low | 1.02729 |
2nd Low | 1.02643 |
3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Harami