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- Major Support -2.0880 (trend line joining 2.0625 and 2.08325)
- Major resistance- 2.103 ( trend line joining 2.1997 and 2.12525)
- The pair has recovered after making a low of 2.0835. It is currently trading around 2.10665.
- The pair's minor support is around 2.1000 and break below targets 2.0930/2.0880 in short term.
- Short term trend is slightly bullish as long as support 2.0930 holds.
- On the higher side major resistance is around 2.103 and any break above targets 2.1100/2.1250.
- Overall bearish invalidation only above 2.1250.
It is good to buy at dips around 2.1065-70 with SL around 2.100 for the TP of 2.125
