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- Minor resistance – 1.3000
- Major trend reversal level- 1.3060
- The pair has opened up at 1.29850 compared to previous close of 1.28110. It has jumped till 1.29896 at the time of writing.
- It is currently trading around 1.28913.
- The pair is slightly weak as long as resistance 1.3000 holds.
- On the downside major support is around 1.2800 and break below targets 1.2740/1.2700/1.2672.
- Loonie minor resistance is around 1.3000 and break above targets 1.3060.Any further bullishness can be seen only above 1.3060.
It is good to sell on rallies around 1.2945-50 with SL around 1.3000 for the TP of 1.2815/1.2750
