• The pair has broken major support of 1.000 and declined till 0.99533 at the time of writing. It is currently trading around 0.99728.
   
• Short term trend is still weak as long as resistance 1.0170 holds. Minor bullishness can be seen only above that level. The minor resistance are at 1.0027 (55- day EMA) /1.0060/1.0120.
   
• Any break above will take the pair till 1.03435.Overall trend reversal only above 1.03435. The minor resistance is around 1.0600/1.01200.
   
• The near term support is around 0.9940 (200- day MA) and any break below will drag the pair till 0.98600/0.9800.
  
  It is good to buy on dips around 0.9975 with SL around 0.9940 for the TP of 1.0030/1.0060