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EUR/USD forms Bullish BAT Pattern, good to buy at dips

Harmonic Pattern Formed - Bullish BAT Pattern

Potential Reversal Zone (PRZ) - 1.09200

  • Any break below 1.0920 confirms further weakness and decline till 1.0880/1.0850 is possible .
     
  • The pair's minor resistance is around 1.0975 and break above targets 1.100/1.1035/1.1050.
     
  • Overall bearish invalidation only above 1.1100.

It is good to buy at dips around 1.10935-40 with SL around 1.0900 for the TP of  1.100/1.1050.

 

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