- Harmonic Pattern- Bullish Gartley pattern
- Potential Reversal Zone (PRZ) – 1.6845
- The pair has retreated after making a high of 1.6745. It is currently trading around 1.66657.
- Short term trend is slightly weak as long as resistance 1.6845 holds.
- The pair’s minor resistance is around 1.6750 and any break above targets 1.6800/1.6850.
- On the lower side minor support is around 1.6640 and break below targets 1.6550/1.6495.
- Overall bearish invalidation only above 1.6850.
It is good to sell on rallies around 1.6700 with SL around 1.6800 for the TP of 1.6490
