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- Major trend line resistance - 2.045 (trend line joining 2.1269 and 2.09682)
- The pair has broken major trend line resistance 2.045 and jumped till 2.0540. It is currently trading around 2.4260.
- Short term trend is still bullish as long as support 2 holds.
- Any break below 2 will drag the pair till 1.980/1.9600.
- On the higher side resistance is around 2.070 and break above targets 2.095/2.125 level.
It is good to buy at dips around 2.035-2.040 with SL around 2 for the TP of 2.095/2.1250.
