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The pair has broken major trend line resistance 2.045 (trend line joining 2.1269 and 2.09682) and jumped till 2.075. It is currently trading around 2.0680.
- Short term trend is still bullish as long as support 2.030 holds.
- Any break below 2.030 will drag the pair till 2/1.9860.
- On the higher side resistance is around 2.075 and break above targets 2.095/2.125 level.
It is good to buy at dips around 2.60-65 with SL around 2.030 for the TP of 2.1250/2.149.
