• Major trend reversal – 2
  • The pair has taken support near  2 level and slightly recovered from that level. It is currently trading at 2. trend is still bullish as long as support 2 holds.
  • On the higher side major resistance is around 2.015 and any break above targets 2.020/2.023 in short term.
  • The pair’s support is around 2 and break below targets 1.9900.

It is good to buy at dips around 2.0050 with SL around 2 for the TP of 2.015/2.020

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