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- Pattern Formed -Cup and handle
- Major resistance -83.60
- The pair has slightly retreated till 83.13 after making a high 83.595. It is currently trading around 83.52.
- Short term trend is bullish as long as support 82.80 holds.
- On the higher side major resistance is around 83.60 and any break above targets 84.70/85.30.
- Any break below major support 82.80 will drag the pair down till 82.30/82.
It is good to buy above 83.60 with SL around 82.80 for the TP of 84.70/85.30
