Furthermore a ‘Bullish Harami’ candle pattern is detected. The chart shows ‘Bullish Harami’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Harami’ heading up is 53% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04471 |
Current Price | 1.04202 |
Next Low | 1.03832 |
2nd Low | 1.03430 |
3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Harami