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Harmonic pattern formed- Bullish gartley pattern
Potential reversal Zone (PRZ)- 85.20
- The pair has made a high of 86.88 on Friday and started to retreat from that level. Overall trend is still bullish as long as support 85 holds.
- On the downside any break below 85 will drag the pair further down till 84/83.35.
- The pair's short term resistance is around 86.31 and break above targets 87/87.50.
It is good to buy at dips around 85.35-40 with SL around 84.90 for the TP of 86.80/87.40
