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- Minor resistance -1.3980
- Major resistance -1.4060
- The pair has recovered from the low of 1.383 till 1.39793 at the time of writing. Short term trend is still weak as long as resistance 1.4060 holds.
- On the lower side major support is around 1.3880 and any break below targets 1.3835/1.3800 level.
- Major resistance is around 1.3980 and break above targets 1.4060//1.4085/1.4195.
- Short term bearish invalidation only above 1.4200.
It is good to sell on rallies around 1.4005-1.4010 with SL around 1.40600 for the TP of 1.3880
