- The currency is trading at 1.2771 level, the immediate support can be seen at S1: 1.2722. A break below this level will expose the pair to next support level at 1.2682.
- Major resistance can be found at 1.2820 (38.2% Retracement level), a break above this level will expose it to the 1.2880 handle.
Recommendation: Go long above 1.2720 with Targets at 1.2830, 1.2860 SL 1.2610.
Resistance Levels
R1: 1.2771
R2: 1.2820 (38.2% Retracement level)
R3: 1.2880 (23.8% Retracement level)
Support Levels
S1: 1.2722(61.8% Retracement level)
S2: 1.2682
S3: 1.2661


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