FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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- Major resistance – 113.05
- Major support – 112
- The pair has broken major support of 112 previous week and closed well below that level. It is currently trading around 111.26.
- On the lower side any weekly close below 112 will drag the pair down till 110.25 (38.2% retracement of 101.73 and 115.51)/109.85.
- The next immediate resistance is around 111.85 (55- day EMA)/112.12 (23.6% retracement of 115.51 and 111.11)/113.26 (100 –day EMA).
- Overall bearish invalidation only above 115.51.
It is good to sell on rallies around 111.25-111.30 with SL around 112.05 for TP of 110.25/109.85
Resistance
R1- 111.85
R2 -112.12
R3- 113.26
Support
S1-111
S2-110.25
S3- 109.85
