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Major support – 155.25 (4 Hour Tenken-Sen)
The pair has made a high of 155.95 and slightly declined from that level. It is currently trading around 155.82.
On the higher side any break above - EconoTimes)
- Major resistance- 156 (Trend line joining 156.66 and 156.15)
- Major support – 155.25 (4 Hour Tenken-Sen)
- The pair has made a high of 155.95 and slightly declined from that level. It is currently trading around 155.82.
- On the higher side any break above 156 will take the pair till 157.25/157.89 (200 4 HMA).
- The pair should close above 158.50 (4 Hour Kijun-Sen) for further upside till 160/162.50 in short term.
- Any violation below 155.25 will drag the pair down till 154.80/154.40.It should break below 154.40 (yesterday low) for decline till 152.50/151.65.
It is good buy above 156 with SL around 155.25 for the TP of 157.25/157.89.
