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- Major resistance – 0.7750 (Double top)
- Major support- 0.7600
- The pair has made broken major support 0.7600 and declined till 0.7530.It is currently trading around 0.75385.
- Short term trend is slightly bearish as long as resistance 0.7650 holds.
- Any break above 0.7650 will take the pair to next level till 0.7700/0.7750/0.7800.
- On the lower side major support is 0.7530 and any break below 0.7530 will drag the pair till 0.7450/0.7435.
It is good to sell on rallies around 0.7570-75 with SL around 0.7650 for the TP of 0.7500/0.7450
