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USD/CAD forms bullish BAT pattern, good to buy at dips

做多
FX:USDCAD   美元/加元
10
Harmonic Pattern – Bullish BAT Pattern

Potential Reversal Zone (PRZ)- 1.2970

On the lower side any break below 1.2970 will drag the pair further down till 1.2930/1.2900/1.2850.

The minor support is around 1.3000.

The pair’s resistance is at 1.3050 and any break above will extend gains till 1.3150/1.3200.

Major economic Indicators to be released today

Time (GMT) Indicators

12:30 PM US CPI

6:00 PM US FOMC Meeting minutes

It is good to buy at dips around 1.2980 with SL around 1.2930 for the TP of 1.3075/1.3130
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