• Major support – 2080 (200-day MA).
         
• Major resistance – 2120 (10- day MA).
   
• S&P500 takes support near 200 –day MA and jumped till 2115.80 at the time of writing. It is currently trading around 2113.
   
• Short term trend is slightly bullish as long support 2080 (200- day MA) holds.
   
• On the lower side major support is around 2085 (200- day MA) and any break below targets 2067 (61.8% retracement of 2193.90 and 1989)/2049.
   
• The minor resistance is around 2120 (10- day MA) and any break above will take the pair to next level till 2140 (55- day EMA)/2160.​
  
  It is good to buy on dips around 2100 with SL around 2080 for the TP of 2140/2155