Besides a ‘Bearish Harami’ chart pattern is detected. The candles show ‘Bearish Harami’. which is a negative 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 | 161.84000 |
2nd High | 161.49800 |
Next High | 161.18600 |
Current Price | 159.72000 |
Next Low | 156.25200 |
2nd Low | 155.58300 |
3rd Low |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Harami
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