EURUSD trades flat ahead of NFP revision and Fed chairman's speech at the Jackson Hole symposium. The pair hits an intraday low of 1.16392 and is currently trading around 1.16465.
|
Technicals |
CMP -1.16465 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.16387 |
CMP>value |
Bullish |
|
200- EMA |
1.15595 |
CMP>value |
Bullish |
|
365- EMA |
1.15464 |
CMP>value |
Bullish |
|
800-EMA |
1.15698 |
CMP>value |
Bullish |
Major support- 1.13700/1.12946. Near-term resistance- 1.15800/1.1660/1.1700.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-20 |
|
ADX |
Neutral |
|
It is good to buy on dips around 1.16500 with SL around 1.16000 for a TP of 1.1760.
