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Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
- Harmonic pattern formed – Bearish Gartley pattern
- Potential Reversal Zone (PRZ) - 1.06330
- EUR/USD formed a minor bottom around 1.04938 on 22nd Feb 2017 and recovered sharply from that level . The pair breaks slightly above 1.06000 handle and jumped till 1.06177 at the time of writing..
- Intraday trend is slightly weak as long as resistance 1.06800 holds. Any violation above 1.0680 will take the pair till 1.07200/1.0745/1.0800. Short term bearish invalidation only above 1.08735 levels.
- On the lower side, any break below the low made on Feb 22nd at 1.04938 will drag the pair down till 1.04550/1.03450.
It is good to sell on rallies around 1.05850-1.0590 with SL around 1.06340 for the TP of 1.05200/1.0455
Resistance
R1- 1.06330
R2 -1.0680
R3- 1.0720
Support
S1-1.04900
S2-1.04500
S3- 1.03400
