Reason for Weakness
1. In pattern formed -Hanging man.
2. It has broken the low of (120.60) and is trading around 120.27.
3. The pair has also support 120.45 ( joining 118.05 and 119.60)
Short term bullishness can be seen only above 120.80 and break above targets 121.10/121.50
It is good to sell on rallies around 120.30-40 with SL around 120.81 for the TP of 119.60/119
Overall bullishness only above 121.50