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FxWirePro:AUD/CAD forms Bearish BAT Pattern, good to sell on rallies

Harmonic Pattern formed- Bearish BAT Pattern

Potential Reversal Zone (PRZ)-0.9550

  • Any break above PRZ will take the pair to 0.9578/0.9620 level.
     
  • On the downside minor support is around 0.9450 and break below targets  0.9400/0.9340.

It is good to sell on rallies around 0.9515-20 with SL around  0.9550 for the TP of 0.9400

 

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