EURUSD gained slightly, but pared some of its gains as tension escalates. It struck a high of 1.14628 yesterday and is now trading about 1.14344.
|
Technicals |
CMP -1.14362 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.14210 |
CMP<value |
Bearish |
|
200- EMA |
1.14806 |
CMP<value |
Bearish |
|
365- EMA |
1.15359 |
CMP<value |
Bearish |
Major support- 1.13700/1.12946. Near-term resistance- 1.4380/1.14800/1.1500/1.1530.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy on dips around 1.14000 with SL around 1.13700 for a TP of 1.14800.
