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- Major Intraday Resistance – 135.50 (Hourly Tenkan-Sen)
- Major support – 133
- The pair has formed a double bottom around 133.20 level and slightly recovered from that level. It is currently trading around 135.26.
- Short term trend is slightly bullish as long as support 134.40 (7 H EMA) holds. Any break below 134.40 will drag the pair down till 133.30/133.
- On the higher side, major resistance is around 136.25 and any break above targets 137/137.65/138.
It is good to buy at dips around 135 with SL around 133.30 for the TP of 136.25/137.60.
