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- Major support -168.50
- The pair has broken major support 168.50 and declined till 164. is currently trading around 164.50.
- Short term trend is still weak as long as resistance 169 holds. On the higher side minor resistance is around 167.25 (23.6% retracement of 175.01 and 164.79) and break above targets 167.75/169.
- The pair's major support is around 163.97 and break below will drag the pair further down till 160/159.66 (61.8% projection of 188.79 to 163.96 from 175.01).
It is good to sell on rallies around 166.25-166.50 with SL around 167.75 for the TP of 164.79/163.95
