The 111.00 handle has kept upticks under check since mid-June and hence, the pair needs to decisively move above the mentioned hurdle to bolster the near-term bullish bias
Support S1: 110.28 (weekly low set on Wednesday)
S2: 110.10 (S2 daily pivot-point)
S3: 109.89 (ascending trend-line & 55-day SMA confluence level)
Support S1: 110.28 (weekly low set on Wednesday)
S2: 110.10 (S2 daily pivot-point)
S3: 109.89 (ascending trend-line & 55-day SMA confluence level)