The pair has taken support near 1.56 and jumped till 2.25. The major resistance is around 2.40 -2.45( trend line
resistance) and break above targets 3.06/3.31.
The major weakness only below 1.60. Break below targets 1.20.
It is good to buy on dips around 2 with SL around 1.60 for the TP of 3.06/3.31