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- Harmonic Pattern Formed – Bearish Bat Pattern
- Potential Reversal Zone (PRZ) - 86.30
- The pair has made a high of 86.19 at the time of writing and started to decline from that level. It is currently trading around 86.
- Intraday trend is slightly weak as long as resistance 86 holds. Any break above 86.30 will take the pair to next level around 87.05/88 in short term.
- The pair’s minor support is around 85.40 and break below targets 84.50/84.10.
It is good to sell on rallies around 86-86.10 with SL around 86.30 for the TP of 85.40/85.10
