Major support – 85
The pair has retreated once again after making a high of 86.22. it is currently trading around 85.65.
The pair is facing strong resistance around 86.50 and any break above will take the pair next level 87.55/89.10.
On the lower side minor support is around 85.40 and break below targets 85/84.60/84.10.
Short term weakness can be seen only below 84 level.
It is good to buy above 86.50 with SL around 85.40 for the TP of 87.55/89.10