The pair gained above 0.9250 onboard based on US dollar buying. The escalation of Russia and Ukraine has increased demand for safe-haven assets like the US dollar . The minor pullback in the US treasury also supported the pair at lower levels.
Bullish scenario-
The primary levels to Watch – 0.9300. Any convincing surge above confirms intraday bullishness. A jump to 0.9341/0.9380/0.9435/0.9500 is possible.
Bearish scenario-
Intraday support – 0.92450. Break below that level will take the pair to 0.9170/0.9090/0.9050.
CCI (50) - Bullish
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