AUDUSD Bearish Harami 4-Hour Chart

Resistance: 1.0395 moderate/1.0422 minor/1.0451 minor Support: 1.0366 strong/1.0339 moderate/1.0311 minor Market appears to have a bullish bias in AUDUSD with Bearish Harami well resisted by 1.0395. Given that we have a low level bearish reversal pattern it would be best to look for a confirming black candlestick before jumping short. Stop loss should also be placed just above 1.0395 while the price target is 1.0366, possibly on to 1.0339 if the former breaks. The pattern high may also be used

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AUDUSD Bearish Harami 4-Hour Chart

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