The par managed to test the first resistance at 157.60-90 which led to a correction.
Downtrend risk is facing supports at 154.50 and 152.00.
The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90.
Below 150.70 more of a drop could hit the market with support at 149.35.
Below 149.35 more of a drop toward 146.60 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 154.50 | 157.60 |
| LEVEL2 | 152.00 | 159.45 |
| LEVEL3 | 150.70 | 160.20 |
