Additionally a ‘Bearish Harami’ candlestick chart pattern is detected. The candles show ‘Bearish Harami’. which is a negative 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’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62070 |
2nd High | 0.61986 |
Next High | 0.61956 |
Current Price | 0.61929 |
Next Low | 0.61656 |
2nd Low | 0.61307 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Harami