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- Major support - 157.60 (trend line joining 163.98 and 159.80)
- Minor resistance -159.80 (trend line joining 163.96 and 162.09)
- The pair declined till 157.78 at the time of writing and slightly recovered from that level. It is currently trading around 157.96.
- On the lower side any break below major support will drag the pair down till 155.65.
- Any break above minor resistance will take the pair to next level 161.20/163/164.
- Overall bearish invalidation only above 164.
It is good to sell around 158.65-70 with SL around 160 for the TP of 155.65
