Resistance: 1.0229 minor / 1.0251 minor
Support: 1.0207 moderate / 1.0185 strong / 1.0162 moderate
Market is generally bullish with Bullish Harami suggesting a further push up. Considering that Bullish Harami is a low level pattern look for a confimration of the bullish setup before going long. The immediate objective for any buy is 1.0229 break of which suggests a run in the market, possibly a move for 1.0251. Put a stop loss under 1.0207.
For pattern explanation and visual identification rules, click here.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices