- Harmonic Pattern Formed - Bearish Gartley pattern
- Potential Reversal Zone (PRZ) -1.5250
- The pair has broken short term resistance 1.5160 and is holding well above that level. It is currently trading around 1.51750.
- Any break above PRZ will take the pair till 1.5280/1.5300/1.5340 level. The pair's minor resistance is around 1.5190 and break above targets 1.5220/1.5250.
- On the lower side the pair's support is around 1.5160 (resistance turned into support) and break below will drag the pair further down till 1.5100/1.5050 level.
It is good to sell on rallies around 1.5250 with SL around 1.5300 for the TP of 1.5155/1.5100
R1-1.5220
R2-1.5250
R3-1.5305
Support
S1- 1.5150
S2-1.5100
S3-1.5050
