However, recovery attempts on the day were rejected at session highs at 0.7529.
The pair has slipped lower to currently trade unchanged at 0.7503 level.
Momentum studies are , break below 200-DMA will see test of channel base at 0.7375 levels.
On weekly charts the pair has slipped below 20-SMA and and Stochs are biased lower.
Support levels - 0.7486 ( 200-DMA ), 0.7420 (50% Fib retrace of 0.7032 to 0.7807 rally), 0.7375 ( )
Resistance levels - 0.7516 (cloud base), 0.7548 (5-DMA), 0.76, 0.7624 (23.6% Fib)
Good to go short on rallies around 0.7510, SL: 0.7555, TP: 0.7420/ 0.7375