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- Major support – 1.0970 (trend line joining 1.09638 and 1.09701).
- Major resistance- 1.1010 (trend line joining 1.10576 and 1.10242).
- The pair jumped slightly till 1.0999 after making a low of 1.09740. It is currently trading around 1.09840.
- The intraday trend is bearish as long as resistance 1.1010 holds. Any break above 1.1010 will take the pair to next level till 1.10580/1.10750 in the short term.
- On the lower side, any break below 1.09700 will drag the pair down till 1.09100/1.08350.
It is good to sell below 1.09700 with SL around 1.101 for the TP of 1.0900/1.0835
