Pattern formed -Cup and handle
Potential Reversal Zone (PRZ) – 1.4580
- Any break above 1.4580 will take the pair to next level to 1.4625/1.4680/1.4730.
- On the downside minor support is around 1.4550 and break below targets 1.4520/1.4500/1.4450 level.
It is good to buy only above 1.4580 with SL around 1.4540 for the TP of 1.4680/1.4730
The material has been provided by InstaForex Company – www.instaforex.com