- Harmonic pattern formed- Bullish Gartley pattern.
- Potential Reversal Zone (PRZ)-1.0900
- EUR/USD has formed Bullish Gartely pattern in the daily chart. The pair has broken major support at 1.1045 and declined till 1.10318 at the time of writing.
- On the lower side, 1.1000 will be acting as major support and any break below will drag the pair down till 1.0950/1.0900.
- EUR/USD’s immediate resistance is around 1.1075 and any break above targets 1.1100/1.1160 in the short term.
It is good to buy on dips around 1.1010 with SL around 1.1095 for the TP of 1.1100/1.1158
