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- Major resistance - $468
- The pair has retreated till $436 at the time of writing after making a high of $465 yesterday. It is currently trading around $452.
- Short term trend is still bullish as long as support $425 holds.
- Any break above major resistance confirms minor trend reversal a jump till $480/$502 is possible. Intraday trend reversal can be seen only below $425.
- On the lower side below $425 will drag the pair to next level $400/$380. Overall trend reversal only below $380.
It is good to buy at dips around $435-$440 with SL around $400 for the TP of $467.80/$480
