Furthermore a ‘Bullish Harami’ candlestick chart pattern is found. The candles show ‘Bullish Harami’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.59109 |
2nd High | 0.59044 |
Next High | 0.58807 |
Current Price | 0.58702 |
Next Low | 0.58475 |
2nd Low | 0.58285 |
3rd Low | 0.58151 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Harami