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- Major Resistance – 1.3402
- Major support – 1.3310 (200 day MA)
- The pair has started to retreat once again after making a high of 1.3853 at the time of writing. It is currently trading around 1.33545.
- Any break above 1.3402 will take the pair to next level around 1.3460/1.3500/1.3580 in short term.
- On the lower side any break below 1.3310 will drag the pair down till 1.3280/1.3230.
- Overall bullish invalidation only below 1.3150 level.
It is good to buy above 1.3402 with SL around 1.3345 for the TP of 1.3500/1.3580
R1-1.3402
R2-1.3500
R3- 1.3580
Support
S1-1.3310
S2-1.3280
S3-1.3230
