As depicted above, major trendline support comes in between 1.4400 and 1.4500 levels. The recent channel line should provide support at 1.4800 level in case of any pullbacks. Furthermore the 1.4800 level is the former resistance turned support level also. One should remain bullish on the single currency pair and buy on every dip. The minimum target levels xpected are 1.5200 and 1.5400 in coming sessions.
Trading Recommendations:
Purchase around 107.00, stop at 106.00, targetting at 1.5200 and 1.5400
