FxWirePro
Short

EURO forms Bearish Anti Butterfly, good to sell on rallies

FX:EURUSD   Euro Fx/U.S. Dollar
732 2 6
Harmonic pattern - Anti Butterfly Pattern

Potential Reversal Zone (PRZ) - 1.1005

Overall Reversal Zone – 1.110 (28th Oct             High)

The pair has broken major resistance 1.0900 and jumped till 1.0980 (50 day MA) . It is currently trading around 1.09400.

Any break of PRZ will take the pair to new level 1.1034/1.1070/1.1100.

On the down side major support is around 1.0830 and break below will drag the pair down till 1.0800/1.07500.

Minor support is around 1.0900/1.0870.

It is good to Sell on rallies around 1.1000-05 with SL around 1.110 for the TP of 1.0830/1.0750
v. Nice observed.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out