EURUSD lost its shine on board-based US dollar buying. The pair hit an intraday low of 1.14070 and is currently trading around 1.14182.
|
Technicals |
CMP -1.14182 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.15069 |
CMP<value |
Bearish |
|
200- EMA |
1.15510 |
CMP<value |
Bearish |
|
365- EMA |
1.15502 |
CMP<value |
Bearish |
|
800-EMA |
1.15678 |
CMP<value |
Bearish |
Major support- 1.14500/1.1430/1.1400/1.13500/1.13200. Near-term resistance-1.1450/1.1500/1.15350/1.1565/1.1600.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-133 |
|
ADX |
Bearish |
Strength increased from 31.93 to 36.85 |
It is good to sell on rallies around 1.14350, with SL around 1.1480 for a TP of 1.13200



