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- Major resistance - 1.42760 (trend line joining 1.46633 and 1.45704)
- Minor support - 1.41950
- The pair has broken minor support 1.4195 after making a high of 1.42760 and declined till 1.41769 at the time of writing. It is currently trading around 1.41866.
- Short term trend is still weak as long as resistance 1.42760 holds.
- Any break above 1.42760 will take the pair to next level till 1.4350/1.4400 in short term.
- The minor resistance are at 1.4208/1.4268.
- On the lower side major support is at 1.4100 and break below targets 1.4050/1.4000.
- The minor support is around 1.4175/1.4150
It is good to sell on rallies around 1.4195-4200 with SL around 1.4275 for the TP of 1.4080/1.4045
