FxWirePro
Short

Loonie forms Bearish BAT pattern, good to sell on rallies

FX:USDCAD   U.S. Dollar/Canadian Dollar
373 0 7
Harmonic Pattern formed - Bearish BAT pattern

Potential Reversal Zone (PRZ) -1.3087

Any break above 1.3087 will take the pair to next target 1.3135/1.3180.

On the downside minor support is around 1.3025 and break below targets 1.2980/1.2950/1.2900.

It is good to sell on rallies around 1.3050-53 with SL around 1.3087 for the TP of 1.2980/1.2950
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