Technical Outlook and Chart Setups:
The bullish structure discussed earlier did not change much, except for the fact that the pullback hasn’t materialized for now. A new high is in place at 1.5337 yesterday and we need to respect the move. Immediate support comes at 1.5175 levels now. We recommend buying intraday dips now. The near term uptrend remains intact for now. Bulls are aiming above 1.5400 level now.
Trading Recommendations:
Buy on intraday dips, stop below 1.5170, target above 1.54 level.
Good Luck!
