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- Pattern Formed- Triple top
- The pair has formed triple top around 1.1250 and slightly retreating from that level. It is currently trading around 1.11990.
- Intraday trend is slightly weak as long as resistance 1.1250 holds. Any break above 1.1250 will take the pair to next level around 1.1280/1.1350 level.
- On the lower side major support is around 1.1178 and break below targets 1.1130/1.1100/1.1055.
- Overall bullish invalidation only if it closes below 1.1050.
It is good to sell on rallies around 1.1207-1.1210 with SL around 1.1250 for the TP of 1.1130/1.1100
