- Major trend line resistance – 0.7175 (trend line joining 0.7229 and 0.7196)
- Any break above 0.7175 will take the pair to next level 0.7230/0.7300 level. On the downside major support is around 0.7110 (trend line joining 0.7057 and 0.7075).
- The minor support is around 0.7150/0.7124. level.
It is good to buy only above 0.7175 with SL around 0.7124 for the TP of 0.7230/0.7300
The material has been provided by InstaForex Company – www.instaforex.com