• Major Intraday resistance – 1.0880
  • Major support – 1.0820
  • The pair has made a high of 1.08771 at the time of writing and slightly retreated from that level. It is currently trading around 1.08698.
  • On the higher side any break above 1.0880 will take the pair to next level till 1.0950/1.09850/1.100 in short term.
  • Major weakness can be seen below 1.0820 and break below targets 1.0780/1.0720.

It is good to buy above 1.0880 with SL around 1.0820 for the TP of 1.09850/1.100

The material has been provided by InstaForex Company – www.instaforex.com