Moreover a ‘Bearish Harami’ candle pattern is found. The chart forms ‘Bearish Harami’. this is a bearish signal. 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’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 165.02900 |
2nd High | 164.89900 |
Next High | 163.31300 |
Current Price | 161.80200 |
Next Low | 160.89500 |
2nd Low | 159.80200 |
3rd Low | 159.10300 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Harami