EURUSD pared some of its gains on escalation of Middle East tension. It hits an intraday low of 1.15091 and is currently trading around 1.15280.
|
Technicals |
CMP -1.15273 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.15418 |
CMP< value |
Bearish |
|
200- EMA |
1.15478 |
CMP< value |
Bearish |
|
365- EMA |
1.15560 |
CMP <value |
Bearish |
Major support- 1.14. Near-term resistance- 1.1550/1.1600/1.1630.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-89 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 1.1578-80 with SL around 1.1630 for a TP of 1.1400.



