Major resistance - 1.0040 Major support - 0.9950 The pair has retreated after making a high of 1.00370. It is currently trading around 1.0029. Short term trend is slightly bullish as long as support 0.9950 holds. On the …
The pair has retreated after making a high of 1.00370. It is currently trading around 1.0029. Short term trend is slightly bullish as long as support 0.9950 holds.
On the higher side any break above 1.0040 will take the pair till 1.00725/1.01300.
Major support is around 0.9950 and break below targets 0.9850/0.9780.
Overall bullish invalidation only below 0.9780.
It is good to buy around 1.000 with SL around 0.9945 for the TP 1.00725/1.0125.
