- Major intraday resistance – $468
- The pair has made a high of $467.80 and declined till $403. It is currently trading around $437.
- The pair is still bullish as long as support $400 holds
- Any break above major resistance confirms minor trend reversal a jump till $480/$502 is possible . Intraday trend reversal can be seen only below $400.
- On the lower side below $400 will drag the pair to next level$389/$380. Short term trend reversal only below $380.
It is good to buy at dips around $410-415 with SL around $400 for the TP of $449/$467.80
The material has been provided by InstaForex Company – www.instaforex.com