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FxWirePro
Oct 13, 2015 2:30 AM

Aussie forms bearish Gartley pattern, good to sell on rallies  Short

Australian Dollar/U.S. DollarFXCM

Description

Harmonic pattern formed - bearish Gartley pattern

Potential Reversal Zone -0.7380.

Any break above 0.7380 will take the pair to 0.7405/0.7440.

On the lower side minor support is around 0.7270 and any break below targets 0.7200/0.7145/0.7100.

It is good to sell on rallies around 0.7300-0.7310 with SL of 0.7380 for the TP of 0.7205/0.7110
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