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FxWirePro: Loonie forms Bearish BAT pattern, good to sell on rallies

Tuesday, October 13, 2015 3:45 AM UTC

Harmonic Pattern formed - Bearish BAT pattern

Potential Reversal Zone (PRZ) -1.3087

Any break above 1.3087 will take the pair to next target 1.3135/1.3180.
On the downside minor support is around 1.3025 and break below targets 1.2980/1.2950/1.2900.

It is good to sell on rallies around 1.3052-55 with SL around 1.3087 for the TP of 1.2980/1.2950

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FxWirePro: Loonie forms Bearish BAT pattern, good to sell on rallies

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