Pair’s slip beneath 50-day simple moving average (SMA) highlights 100-day SMA level of 1.3000 as immediate support ahead of pushing sellers towards 1.2960 mark comprising 200-day SMA, followed by 1.2930 and April bottoms near 1.2865.
On the upside clearance of 1.3100 figure including 50-day SMA, buyers can aim for latest high around 1.3180 whereas 1.3200 and 1.3270 could appear on their list afterward.
On the upside clearance of 1.3100 figure including 50-day SMA, buyers can aim for latest high around 1.3180 whereas 1.3200 and 1.3270 could appear on their list afterward.