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Support 3- $1.0818 (61.8% Fibonacci retracement)
Support 2- $1.0915 (July 7 Low)
Support 1- $1.0962 (50% Fibonacci retracement levels)
Spot rate- $1.1010
Resistance 1- $1.1081 (38.2% Fibonacci retracement)
Resistance 2- $1.1123 (July 9 high)
Resistance 3- $1.225 (23.6% Fibonacci retracement)
- Pair is currently trading at $1.1007 levels. It created $1.0972 intraday low. A daily close below 1.0962, 50% Fibonacci retracement level may drag pair towards 1.0818 level (May 27, 2015 low).
- Alternatively a reversal from this level will lead the pair again at $1.1200 level.
- Entry level is absent at this point of time, waiting for the clear cut opportunity in the upcoming hours
