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Major resistance- 158
- Major support -155.75 (Resistance turned into support)
- The pair has broken minor resistance 157.20 and jumped till 157.87. It is currently trading around 157.45.
- Intraday trend is slightly bullish as long as support 156.15 holds.
- Any break below 156.19 will drag the pair till 155.75/155 in short term.
- On the higher side resistance is around 158 and any break above targets 158.60/160/162.50 in short term.
It is good to buy above 158 with SL around 157 for the TP of 159.58/162.50
