GBPJPY hits 2-1/2 week low as yen gains momentum. Today it dropped to 209.63; now it is trading at about 2.
|
Technicals |
CMP -210.82 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
210.79 |
CMP <value |
Bearish |
|
200- EMA |
211.72 |
CMP < value |
Bearish |
|
365- EMA |
211.77 |
CMP >value |
Bullish |
Major support- 210/209.48/208. Major resistance - 211.40/212.20/213.31/214/215.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-143.77 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 210.78-80 with SL around 212 for a TP of 208.



