- Major resistance- 82.50
- The pair has formed the temporary top around 82.51 and started to decline from that level. It is currently trading around 81.45.
- Any bullishness can be seen only above 82.51.The break above 82.51 will take the pair to next level till 83/83.60 (161.8% retracement of 82.518 and 80.71).
- On the lower side, major support is around 81.15 (trend line joining 80.71 and 80.92) and any violation below targets 80.71/80 in the short term.
It is good to sell on rallies around 81.45-81.50 with SL around 82.51 for the TP of 80.71/80
