FxWirePro
Long

EUR/USD forms bullish BAT pattern, good to buy at dips

FX:EURUSD   Euro Fx/U.S. Dollar
765 0 11
Harmonic pattern formed -Bullish BAT Pattern

Potential Reversal Zone (PRZ)- 1.1125

EUR/USD             has declined till 1.11338 and slightly recovered till 1.20690 from that level. It is currently trading at 1.11790.

Market awaits US NFP for further direction.Non-farm payroll is expected to show 200k growth in September compared to 173k in August.

The pair's short term support is around 1.125 (trend line joining 1.1104 and 1.11150) and any break below targets 1.1080/1.1100.

The pair's intraday resistance is around 1.122 and any break above targets 1.1265/1.128/1.1270.

Short term bullishness only above 1.130.Any break above 1.1300 will take the pair to next target to 1.1340/1.1370.

It is good to buy at dips 1.1125-30 with SL around 1.1108 for the TP of 1.122/1.1270
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out