• The pair is declining for the past one week after forming a top around 1.01078 on Apr 10th 2017. It is currently trading around 1.00306.
   
• Short term trend is still weak as long as resistance 1.0170 holds. Minor bullishness can be seen only above that level.
   
• 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 1.000 and any break below will drag the pair till 0.9940 (200- day MA)/0.98600/0.9800.
  
  It is good to sell on rallies around 1.00570-1.0600 with SL around 1.0120 for the TP of 1.000/0.9945.