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- Major resistance - 1.003 (55 day H EMA)
- The pair has made a high of 1.00317 and declined till 0.99500 level. Intraday trend is bullish as long as support 0.9950 holds.
- On the higher side any break above 1.0030 will take the pair till 1.0090/1.0120.
- Overall bearish invalidation only above 1.0140.
- The pair's minor support is around 1 and break below targets 0.9950/0.9900.
It is good to buy only above 1.0030 with SL around 0.9980 for the TP of 1.0090/1.0120
R1-1.0030
R2-1.0090
R3-1.0120
Support
S1- 1
S2-0.9950
S3-0.9900
