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- Major resistance – 0.7750 (Double top)
- Major support- 0.7600
- The pair has made a high of 0.77356 and slightly declined from that level. It is currently trading around 0.76485.
- Short term trend is slightly bearish as long as resistance 0.7750 holds.
- Any break above 0.7750 will take the pair to next level till 0.7800/0.7874/0.8000.
- On the lower side any break below 0.7600 will drag the pair till 0.7540/0.7500.
It is good to sell on rallies around 0.7700 with SL around 0.775 for the TP of 0.7600/0.7540
