The pair is testing its luck near the 136 levels, which is the last hope for the bulls. In yesterday's session, the pair closed below the 20DSma. The pair made a low at 136.16 and managed to close above previous lows. The intraweek resistance is at 137.25 (20DSma) and support is at 136.0. A day close below 136, it can drop to 134 levels.
Intraday cmp 136.81
In the h4 chart, the hourly momentum oscillators are indicating a pullback. It is trading at 12hr high facing resistance at 136.91, above this, it can fly up to 137.10, 137.30 and 137.40. The near-term upside reversal will take place above 137.45 levels.
