- Major resistance -1.4286 (Tenken-Sen)
- Major support -1.4216
- The pair has retreated after making a high of 1.42687 at the time of writing. It is currently trading around 1.42069.
- Short term trend is weak as long as resistance 1.42860 holds. Any break above 1.42860 will take the pair to next level till 1.4340/1.4380. Overall bearish invalidation will happen if it closes above 1.4400.
- On the lower any break below 1.4216 will drag the pair down till 1.4150/1.4100/1.4050 level.
It is good to sell around 1.42100 with SL around 1.42860 for the TP of 1.4100/1.4050
