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- Major resistance – 0.7750
- Major support- 0.7665 (7 day EMA)
- The pair has made a high of 0.77356 and slightly declined from that level. It is currently trading around 0.76950.
- Short term trend is slightly bullish as long as support 0.7650 holds.
- Any break below 0.7650 will drag the pair down till 0.7600/0.7560.
- On the higher side any break above 0.7750 will take the pair to next level till 0.7800/0.7874/0.8000.
It is good to buy at dips around 0.7650 with SL around 0.7600 for the TP of 0.7750
