- Major resistance - 164.05 (trend line joining 163.55 and 163.88)
- Major support - 161.50
- The pair has recovered after making a low of 161.50 and jumped till 163.88. It is currently trading around 162.99.
- Any break above 164.05 will take the pair to next level 164.80/166.
- On the lower side support is around 161.50 and break below targets 160/158. minor support is at 162.50.
It is good to sell on rallies around 163.15-20 with SL around 164.05 for the TP of 161.55/160
