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FxWirePro: EUR/USD forms Bearish BAT pattern, good to buy at dips

Harmonic pattern formed- Bearish BAT pattern Potential Reversal Zone (PRZ)- 1.1300 EUR/USD is trading in narrow range around 1.1320 and 1.13870 for the past two trading session. The pair's major support is around 1.1300 …

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FxWirePro: EUR/USD forms Bearish BAT pattern, good to buy at dips
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Harmonic pattern formed- Bearish BAT pattern

Potential Reversal Zone (PRZ)- 1.1300

  • EUR/USD is trading in narrow range around 1.1320 and 1.13870 for the past two trading session.

  • The pair's major support is around 1.1300 and any break below targets 1.1260/1.1200.

  • On the higher side major resistance is around 1.1400 and any indicative break above take the pair to next level around 1.14365/1.1460 level.

  • The minor resistance are around 1.1350/1.1380.

It is good to buy at dips around 1.1325-30 with SL around 1.1295 for the TP of 1.1400/1.1460

 

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