EURUSD recovered slightly as US dollar lost its momentum. It strikes an intraday high of 1.14367 and is now trading about 1.14176.
|
Technicals |
CMP -1.14192 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.14281 |
CMP<value |
Bearish |
|
800- EMA |
1.15356 |
CMP<value |
Bearish |
|
365- EMA |
1.15853 |
CMP<value |
Bearisj |
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 1.13980 with SL around 1.13700 (closing basis 5 min chart) for a TP of 1.14390/1.14800.
