EURUSD trades below 1.13800 on escalation tension between US and Iran. It strikes an intraday low of 1.13828 and is now trading about 1.13873.
|
Technicals |
CMP -1.13873 |
Trend |
|
|
1-hour chart |
Value |
|
|
|
55 EMA |
1.14192 |
CMP<value |
Bearish |
|
200- EMA |
1.14225 |
CMP<value |
Bearish |
|
365- EMA |
1.14352 |
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) |
Bearish |
-150 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 1.1400 with SL around 1.1450 for a TP of 1.1300.



