- Major resistance -1.4020
- The pair has recovered from the low of 1.38780 till 1.39633 at the time of writing. Short term trend is still weak as long as resistance 1.4200 holds.
- On the lower side major support is around 1.3880 and any break below targets 1.3826/1.3800 level.
- Major resistance is around 1.4020 and break above targets 1.4080/1.4195.
- Short term bearish invalidation only above 1.4200.
It is good to sell on rallies around 1.39600 with SL around 1.4020 for the TP of 1.3820
