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EURUSD trades flat amid Middle East tension. The pair hit a high of 1.15808 yesterday and is currently trading around 1.15482.
|
Technicals |
CMP -1.15496 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.14879 |
CMP>value |
Bullish |
|
200- EMA |
1.14755 |
CMP>value |
Bullish |
|
365- EMA |
1.15076 |
CMP>value |
Bullish |
|
800-EMA |
1.15593 |
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) |
Bullish |
95.40 |
|
ADX |
Neutral |
|
It is good to buy on dips around 1.15450 with SL around 1.1500 for a TP of 1.1660.
