The Pait is trading in a range at higher levels. The Index is consolidating between1.03695-1.04580, we need to wait for the Pair to break beyond this level, if the Index is able to break on either side according to that we will suggest to take position.

If the breakout is on the upside the Index has to close above 1.04580, wait for the daily  candle to close above this level, if it is able to close above the mentioned level start buying for a Tp of 1.0580

If the RSI is trading above 73 ignore the breakout.

If the breakout is on the downside the Index has to close below 1.3695 levels, wait for   wait for the daily  candle to close below the level, if it is able to close below the mentioned level start selling for a target of 1.0281

US2000

KUNAL KAMBLE

Dec 27 2021