On the 4-hour chart, the pair has formed a double top, and the chart has touched the 55 SMA at about 141.7. It is possible that the pair may go down close to the SMA before moving higher so a pullback is expected to the ichimoku cloud.

• There is resistance 143.286 followed by resistance at 144.970 and 0.145.000
• There is support at 142.743 , Below, there is 141.719 and 141.478

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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