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EURUSD shown a pullback after a minor sell-off. It strikes an intraday high of 1.14422 and is now trading about 1.14370.
|
Technicals |
CMP -1.14315 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.14310 |
CMP>value |
Bullish |
|
800- EMA |
1.14246 |
CMP>value |
Bullish |
|
365- EMA |
1.14453 |
CMP<value |
Bearish |
Major support- 1.13700/1.12946. Near-term resistance: 1.1455/1.14800/1.1500/1.1530.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
28.51 |
|
ADX |
Neutral |
|
It is good to buy on dips around 1.14250 with SL around 1.13700 for a TP of 1.15250.
