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- Major resistance - 168.85 (trend line joining 173.38 and 171.27)
- The pair has made a high of 168.85 at the time of writing and slightly retreated from that level. It is currently trading around 168.50.
- Short term trend is slightly bullish as long as support 166.90 holds.
- Any break below 166.90 will drag the pair till 166.20/ minor support is around 167.80.
- On the higher side any break above 168.85 will take the pair till 169.30/170/170.50.
It is good to buy above 168.85 with SL around 167.80 for the TP of 170.50
R1-169.30
R2-170.50
R3-171.25
Support
S1-167.80
S2-166.90
S3-166
