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- Major resistance - 157.07
- The pair has recovered from the low of 154.71 and jumped till 157.12. Intraday trend is slightly bullish as long as support 155.80 holds.
- On the higher side any break above 157.07 will take the pair to next level 157.95/159.15.
- Short term bearish invalidation only above 160.50 level.
- The pair's minor support is around 156.50 and any break below 156.50 will drag the pair till 155.80/155.
It is good to buy only above 157.07 with SL around 156.45 for the TP of 157.95/159.20
R1-157.07
R2-158
R3-159.20
Support
S1-155.80
S2- 155
S3-152.90
