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- Minor resistance -1.4020
- Major resistance -1.4085
- The pair has recovered from the low of 1.38780 till 1.40194 time of writing. Short term trend is still weak as long as resistance 1.40850 holds.
- On the lower side major support is around 1.3950 and any break below targets 1.3900/1.3880/1.3825 level.
- Major resistance is around 1.4020 and break above targets 1.4085/1.4195.
- Short term bearish invalidation only above 1.4200.
It is good to sell on rallies around 1.4050-1.4100 with SL around 1.40850 for the TP of 1.3820
R1-1.4020
R2-1.4050
R3-1.4085
Support
S1-1.3950
S2- 1.3880
S3-1.3825
