- Major resistance- 1.3125 (daily Tenken-Sen).
- Major support - 1.3043 (hourly Kijun-Sen).
- Lonnie has taken support near psychological support at 1.30000 and slightly recovered till 1.30750.
- The major intraday support is at 1.3043 and any break below targets 1.3000/1.2948 (161.8% retracement of 1.3000 and 1.30750).
- On the higher side , resistance is at 1.3090 (38.2% retracement of 1.32370 and 1.3003) and nay break above will take the pair to next level till 1.3125/1.3154 (200- HMA).
- Overall trend reversal only above 1.32540 (Jul 27th 2016 low).
It is good to sell on rallies around 1.30600 with SL around 1.30950 for the TP of 1.3000
