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- Major support - 86 (Trend line joining 73.30 and 74.40)
- The pair has broken major trend line support 86 which confirms major weakness, a decline 85.30/82.25 is possible.
- Short term trend is still weak as long as resistance 88 holds.
- Any break above 88 will take the pair to next level to 89.30/ minor resistance is around 86.80/87.50
It is good to sell on rallies around 86.10-20 with SL around 86.80 for the TP of 85.30/82.60
