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- Potential Reversal Zone (PRZ) - 1.5250 (trend line joining 1.5799 and 1.55069)
- The pair has made a high of 1.52395 and retreated from that level. It is currently trading around 1.51521.
- On the lower side major support is around 1.51500 and break below targets 1.5100/1.5050 level.
- It is facing minor resistance around 1.5180 and break above will take the pair to next level around 1.5220/1.52500.
- Further bullishness only above 1.5250.
It is good to sell on rallies around 1.5200 with SL around 1.5250 for the TP of 1.5100/1.5070
R1-1.5180
R2-1.5220
R3-1.5250
Support
S1-1.5150
S2-1.5100
S3-1.5070
