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- Minor resistance - 1.0880 (trend line joining 1.09147 and 1.0971)
- The pair has broken minor trend line resistance 1.0880 and jumped till 1.09062 at the time of writing. It is trading around 1.09017.
- Break above 1.0880 will take the pair to next level around 1.09490/1.09800 in short term.
- Overall bearish invalidation only above 1.1000.
- On the lower side minor support is around 1.0860 (200 day HMA) and break below targets 1.08200/1.07800.
It is good to buy at dips around 1.08950 with SL around 1.0860 for the TP of 1.09480/1.09800/1.100
R1-1.0949
R2-1.09800
R3-1.100
Support
S1-1.0860
S2-1.0820
S3- 1.07800
