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- Major resistance- 135.80 (9- W EMA).
- Major support- 135
- The pair has broken major resistance 135.80 (9 – W EMA) today and jumped till 135.926 at the time of writing. It is currently trading at 135.89.
- The pair is trading well above psychological resistance 135. Any break above 135.80 confirms minor trend reversal, a jump till 137.80 (61.8% retracement of 143.23 and 129.06)/140 is possible.
- On the lower side, major support is at 135 and break below targets 134.30/133.30/132.45 in the short term.
It is good to buy above 135.80 with SL around 135 for the TP of 137.80/140
