Loonie faces strong support at 1.3246,break below targets 1.3135
Harmonic pattern- Bullish Cypher pattern
Potential Reversal Zone (PRZ) -1.3300
Any break above 1.3300 will take the pair till 1.3320 /1.3500 in short term.
The pair is facing strong support around 1.32460 and break below confirms major weakness a decline till 1.3180/1.3140 is possible .
Overall trend reversal only below 1.3030 level.
It is good to sell below 1.34260 with SL around 1.3300 for the TP of 1.3180/1.3135
Potential Reversal Zone (PRZ) -1.3300
Any break above 1.3300 will take the pair till 1.3320 /1.3500 in short term.
The pair is facing strong support around 1.32460 and break below confirms major weakness a decline till 1.3180/1.3140 is possible .
Overall trend reversal only below 1.3030 level.
It is good to sell below 1.34260 with SL around 1.3300 for the TP of 1.3180/1.3135