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EUR/USD Trade Idea

Harmonic Pattern - Bearish BAT Pattern Potential Reversal Zone (PRZ) -1.1380 The pair has made a high of 1.1375 and started to decline from that level. It is currently trading around 1.13055. On the lower major support i…

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EUR/USD Trade Idea
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  • Harmonic Pattern - Bearish BAT Pattern
     
  • Potential Reversal Zone (PRZ) -1.1380
     
  • The pair has made a high of 1.1375 and started to decline from that level. It is currently trading around 1.13055.
     
  • On the lower major support is around 1.1250 and break below targets 1.1180/1.1150 level.
     
  • The major resistance is around 1.1380 and break above targets 1.1435/1.1450.

It is good to sell on rallies around 1.1370 with SL around 1.140 for the TP of 1.1250/1.1180

R1-1.1380

 R2-1.1435

R3-1.1450

Support

S1-1.125

S2- 1.118

S3-1.115

 

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