Thursday, October 15, 2026

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FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to sell on rallies

Harmonic pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.09820 EUR/USD has recovered after making a low of 1.0869. It is currently trading around 1.09543 The pair's major resistance is around 1…

By Lis Howell
1 min read
FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to sell on rallies
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  • Harmonic pattern formed - Bullish Gartley pattern
     
  • Potential Reversal Zone (PRZ) - 1.09820
     
  • EUR/USD has recovered after making a low of 1.0869. It is currently trading around 1.09543
     
  • The pair's major resistance is around 1.09820 and any break above 1.09820 will take the pair to 1.100/1.1060 level.
     
  • On the downside minor support is around 1.0920 and break below targets 1.0880/1.0850.

It is good to Sell on rallies around 1.09520-550 with SL around 1.09820 for the TP of 1.0920/1.0860

 

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By FxWirePro Team