The pair has broken major resistance on Monday.
We have seen a break above 20-DMA on the day.
Stochs have rolled over from oversold territory. is biased north.
shows a crossover on signal line and has edged above zero.
We see weakness on break below 76.80 ( resistance turned support).
Upside scope till 50-DMA at 77.64, break above could see test of 78 levels.
Good to go long on dips around 77.25, SL: 76.80, TP: 77.65, 78/ 78.18
Trades with a strong bullish bias.
Book partial profits. Stay long.