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- Major trend line resistance - 1.4700 (trend line joining 1.51339 and 1.4832)
- The pair has broken trend line resistance 1.4700 and is trading around 1.4726.
- Short term trend is bullish as long as support 1.46500 holds. Any break below 1.46500 will drag the pair down till 1.4600/1.4580.
- On the higher side major resistance is around 1.4750 and break above will take the pair to 1.4800/1.4830.
It is good to buy at dips around 1.4705 with SL around 1.4650 for the TP of 1.480/1.4830.
