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- Major resistance – 154.80 (3 W EMA)
- Minor support -153.25
- The pair has jumped till 154.22 on Friday and declined from that level. It is currently trading around 153.34.
- Short term trend is slightly weak as long as resistance 154.80 holds. Any break above 154.80 will take the pair till next level 155.80/157.10/158 in short term.
- On the lower side major support is around 151.50 and break below targets 150/148.40.
- Short term bearish invalidation only above 158 level.
It is good to buy at dips around 153.65-70 with SL around 153.25 for the TP of 154.80/155.80
R1-154.25
R2-154.80
R3-155.80
Support
S1-1.4000
S2-1.3920
S3-1.3835
