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- Major resistance - 2.0590 (trend line joining 2.0970 and 2.090)
- The pair has jumped till 2.05250 and started to retreat from that level. It is currently trading around 2.03500.
- On the higher side any break above 2.0600 will take the pair till 2.097/2.1250.
- The minor support is around 2.0350 and break below will drag the pair till 2/1.9800.
- Overall bearish invalidation only above 2.1000.
It is good to sell on rallies around 2.0600 with SL around 2.1000 for the TP of 2/1.9800
