CMP: 1.0394; Res: 1.0457
Res: 1.0864/1.3261; Sup: 1.0021
Based on Weekly Chart,
As long as 1.0313/1.0021 holds support we will see 1.0679-1.0905-1.1057 initially and further 1.1670-1.1894-1.2049, extensions 1.2283-1.2335-1.2376, 1.2661-1.2895...
Based on Hourly Chart,
Res: 1.0414/1.0457; Sup: 1.0313
As long as the above resistances hold, we can see 1.0367-1.0355-1.0338 before rise.
If 1.0313 holds support, a break of the upper trendline and a break of 1.0457, we will see positional targets as per weekly chart analysis.
Sellers SL 1.0414 for 1.0367-1.0338
Best buy between 1.0367-1.0338 with SL 1.0310/Max SL 1.0021 for 1.0457 initially.
Res: 1.0864/1.3261; Sup: 1.0021
Based on Weekly Chart,
As long as 1.0313/1.0021 holds support we will see 1.0679-1.0905-1.1057 initially and further 1.1670-1.1894-1.2049, extensions 1.2283-1.2335-1.2376, 1.2661-1.2895...
Based on Hourly Chart,
Res: 1.0414/1.0457; Sup: 1.0313
As long as the above resistances hold, we can see 1.0367-1.0355-1.0338 before rise.
If 1.0313 holds support, a break of the upper trendline and a break of 1.0457, we will see positional targets as per weekly chart analysis.
Sellers SL 1.0414 for 1.0367-1.0338
Best buy between 1.0367-1.0338 with SL 1.0310/Max SL 1.0021 for 1.0457 initially.
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