Loonie forms Bearish BAT pattern, good to sell on rallies
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
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
