themarketzone

Reached target zone. What's next

FX:EURUSD   Euro / U.S. Dollar
$EURUSD finally reached my target zone - 1.14 - very close to completion of bearish Bat pattern
200 pips winner for those who entered near 1.12 as previous setup suggested.

The next potential target level, longer term target, for $EURUSD is 1.18 (bearish Crab)
But..
The blue Bat can create some pullback, and beside that, 1.14 is a strong resistance zone that won't be an easy task to overcome.
Potential pullback targets: 1.125, 1.12.
Stop loss required > 1.145


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