Harami for EURSGD

31 January 2022 364
Load the latest quotes
Full screen

The EURSGD currency pair continues to move within the downtrend.

After the minimum set of 1.5062, the Harami pattern was formed which is a prerequisite for a reversal or at least an upward bounce. The RSI reverses from the oversold zone strengthening the signal.


The target is 1.53, a line of the downtrend can be tested in case of success. 

This content is for informational purposes only and is not intended to be investing advice.

New Popular
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!