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- Major resistance - 1.09850
- The pair has retreated after making a high of 1.09626 at the time of writing. It is currently trading around 1.09140.
- Short term trend is weak as long as resistance 1.09850 holds.
- Any break above 1.09850 will take the pair to next level 1.1050/1.1070 level.
- Overall bearish invalidation only above 1.10880.
- On the lower minor support is around 1.09000 and break below targets 1.0820/1.0800.
It is good to sell on rallies around 1.0925-930 with SL around 1.09850 for the TP of 1.0820/1.0800
