- Minor resistance - 1.4350 (trend line joining 1.45156 and 1.43937)
- Major support - 1.4240
- The pair has declined till 1.42647 at the time of writing after making a high of 1.43375 today. It is currently trading around 1.43100.
- On the higher side any break above 1.4350 will take the pair till 1.4420/1.4485.
- The pair is facing strong support around 1.4240 and any break below 1.4240 will drag the pair to next level 1.4180/1.4140.
It is good sell on rallies around 1.43500 with SL around 1.4405 for the TP of 1.4250/1.4180
R1-1.43500
R2-1.4405
R3-1.4450
Support
S1-1.4240
S2- 1.4180
S3-1.4140
