EUR/USD forms Bearish BAT pattern, good to sell on rallies
Harmonic pattern formed- Bearish BAT pattern
Potential Reversal Zone ( PRZ) -1.1340
EUR/USD has made a high of 1.13094 today morning and slightly retreated from that level. It is currently trading around 1.1280.
On the higher side any break above 1.1340 will take the pair to next target 1.1370/1.14365.
The pair’s minor support is around 1.1265 and break below will drag the pair till 1.1200/1.1525.
It is good to sell on rallies around 1.1285-90 with SL around 1.1340 for the TP of 1.1205/1.1155
Potential Reversal Zone ( PRZ) -1.1340
EUR/USD has made a high of 1.13094 today morning and slightly retreated from that level. It is currently trading around 1.1280.
On the higher side any break above 1.1340 will take the pair to next target 1.1370/1.14365.
The pair’s minor support is around 1.1265 and break below will drag the pair till 1.1200/1.1525.
It is good to sell on rallies around 1.1285-90 with SL around 1.1340 for the TP of 1.1205/1.1155