Thursday, October 15, 2026

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FxWirePro: EUR/USD forms Bearish BAT Pattern, good to sell on rallies

Harmonic Pattern Formed - Bearish BAT pattern Potential Reversal Zone (PRZ) - 1.1340 The pair has retreated after making a high of 1.1340. It is currently trading around 1.12598. On the lower side major support is around…

By Lis Howell
1 min read
FxWirePro: EUR/USD forms Bearish BAT Pattern, good to sell on rallies
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  • Harmonic Pattern Formed - Bearish BAT pattern
     
  • Potential Reversal Zone (PRZ) - 1.1340
     
  • The pair has retreated after making a high of 1.1340. It is currently trading around 1.12598.
     
  • On the lower side major support is around 1.1250 and break below targets 1.1180/1.1100/1.1050 level.
     
  • The pair's further bullishness can be seen only above 1.1340 and break above targets 1.1385/1.1430.
     
  • The minor resistance is around 1.1280/1.1325.

It is good to sell on rallies around 1.1285-1.1290 with SL around 1.1350 for the TP of 1.1180/1.1100/1.1050

 

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By FxWirePro Team