- The pair has broken trend line support 1.3930 (trend line joining 1.3314 and 1.3673) and declined till 1.93150. Intraday trend is slightly weak as long as resistance 1.3960 holds.
- Any break above 1.3960 will take the pair to next level 1.3980/1.4000.
- On the lower side break below 1.39150 targets 1.3900/1.3850 level.
It is good to sell on rallies around 1.3955-60 with SL around 1.4000 for the TP of 1.3900/1.3850
