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- Major support: 84.65 (200 day MA)
- Major resistance -85.75 (Tenken-Sen)
- The pair has taken support near 200 day MA and slightly recovered from that level. Short term trend is bearish as long as resistance 85.75 holds.
- On the higher side minor resistance is around 85.30. Any break below major support 84.65 will drag the pair down till 84/83.75 level.
- Stoch RSI -Oversold
It is good to sell on rallies around 85.30 with SL 85.75 for the TP of 84.65/84
R1-85.30
R2-85.75
R3-86.05
Support
S1-84.65
S2-84
S3-83.75
