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- Minor resistance -166.60 (trend line joining 167.18 and 166.91)
- Minor support - 165.30 (trend line joining 164.79 and 165.27)
- The pair faces strong minor resistance around 166.67 and break above targets 169/170.63.
- Overall bearish invalidation only above 171.
- Any break above 171 will take the pair till 172.50/173.75.
- On the lower side minor support is around 165.30 and break below targets 164.50/164.
It is good to buy only above 166.60 with SL around 165.30 for the TP of 169/170.60
R1-166.70
R2-169
R3-170.63
Support
S1-165.30
S2- 164.50
S3-164
