Thursday, October 15, 2026

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

Harmonic Pattern - Bearish BAT Pattern Potential Reversal Zone (PRZ) -1.1380 The pair has made a high of 1.1375 and started to decline from that level. It is currently trading around 1.13055. On the lower major support i…

By Lis Howell
Updated 1 min read
FxWirePro: EUR/USD forms Bearish Bat Pattern, good to sell on rallies
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  • Harmonic Pattern - Bearish BAT Pattern

  • Potential Reversal Zone (PRZ) -1.1380

  • The pair has made a high of 1.1375 and started to decline from that level. It is currently trading around 1.13055.

  • On the lower major support is around 1.1250 and break below targets 1.1180/1.1150 level.

  • The major resistance is around 1.1380 and break above targets 1.1435/1.1450.

    • It is good to sell on rallies around 1.1370 with SL around 1.140 for the TP of 1.1250/1.118

 

 

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By FxWirePro Team