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FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely

"Bullish Bat" pattern completed on AUD/CAD dailies. Potential Reversal Zone: 0.9323 Bullish invalidation below: 0.9150 Target Price: 0.95/0.96/0.9775 Pair is currently struggling at 21-DMA at 0.9452, break above will see…

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FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely
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  • "Bullish Bat" pattern completed on AUD/CAD dailies.
     
  • Potential Reversal Zone: 0.9323 
     
  • Bullish invalidation below: 0.9150
     
  • Target Price: 0.95/0.96/0.9775
     
  • Pair is currently struggling at 21-DMA at 0.9452, break above will see upside.
    ​

Recommendation: Good to buy dips around 0.9420, SL: 0.9320, TP: 0.95/0.9575/0.96
 

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