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- Major support - 172.95 (55 day H EMA)
- The pair has declined till 173.14 at the time of writing and started to recover from that level.
- Intraday trend is slightly bullish as long as support 172.95 holds. On the higher side major resistance is around 174 and break above will take the pair till 175/176.30.
- Overall bullish invalidation only below 171.50.
It is good to buy at dips around 173.50 with SL around 172.95 for the TP of 175/176.30
