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GBPJPY recovered slightly on strong UK jobs data. It hit a high of 213.54; now it is trading at about 213.31.
|
Technicals |
CMP -213.29 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.02 |
CMP >value |
Bullish |
|
200- EMA |
213.31 |
CMP <value |
Bearish |
|
365- EMA |
212.69 |
CMP >value |
Bearsih |
Major support-211.30/210.40/209.80/209. Major resistance 213.60/ 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
21.44 |
|
ADX |
Neutral |
|
It is good to buy on dips around 212.48-50 with SL around 211.30 for a TP of 215..
