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- Major support -184.40 (trend line joining 180.66 and 184.25)
- The pair has broken major support 184.40 and closed below that level yesterday. It is currently trading around 184.06. Short term trend is weak as long as resistance 185.25 holds.
- Any break above 185.25 will take the pair to next level 185.60/186.
- On the downside support is around 183.80 and break below targets 182.75/181.80
It is good to sell on rallies around 184.20-30 with SL 185.30 for the TP of 183/181.85
