Harmonic pattern- Bullish Gartley pattern
Potential reversal Zone (PRZ)- 1.1210
- EURUSD has formed bullish gartley pattern in hourly chart and it is good to buy at dips .
- On the higher side pair’s major resistance is around 1.1340 and any break above would extend gains till 1.1370/1.14360 in short term.
- The pair’s major support is around 1.1200 and any break below will drag the pair further down till 1.1178/1.1150.
- Bullish invalidation only below 1.1140 level.
It is good to buy at dips around 1.1210 with SL around 1.1150 for the TP of 1.1318/1.1335.
The material has been provided by InstaForex Company – www.instaforex.com