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- Major support - 171.90 (Kijun-Sen)
- The pair has taken support near trend line at 171.95 (trend line joining 164.69 and 166.97) and slightly recovered from that level.
- On the downside major support is around 171.90 and any break below targets 171.50/170.97/170.50.
- The pair's major resistance is around 173.75 (200 day 4 HMA) and any break above will take the pair till 174.50/175.
- It should close above 175 for further bullishness.
- Stochostic RSI -Oversold (Slight jump is possible)
It is good to sell on rallies around 172.60-70 with SL around 173.75
