EURUSD gained above 1.15500 on easing geopolitical tensions. It hit a high of 1.15590 on Friday and is now trading at about 1.15508. Major bullishness above 1.15600.
|
Technicals |
CMP -1.15508 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.14726 |
CMP>value |
Bullish |
|
200- EMA |
1.14618 |
CMP>value |
Bullish |
|
365- EMA |
1.15006 |
CMP>value |
Bullish |
Major support- 1.13700/1.12946. Near-term resistance- 1.4380/1.14800/1.1500/1.1530.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
90.30 |
|
ADX |
Bullish |
Strength increased from 17.84 to 18.46 |
It is good to buy on dips around 1.1528-30 with SL around 1.14800 for a TP of 1.1660.
