EURUSD gained slightly above 1.1600 after weak US private jobs data. The pair hits a intraday high of 1.16090 and is currently trading around 1.15992.
|
Technicals |
CMP -1.15992 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
1.16164 |
CMP<value |
Bearish |
|
200- EMA |
1.15655 |
CMP>value |
Bullish |
|
365- EMA |
1.15513 |
CMP>value |
Bullish |
|
800-EMA |
1.15710 |
CMP>value |
Bullish |
Major support- 1.15600/1.1500/1.4700/1.1430. Near-term resistance-11.1660/1.1700.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-130 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 1.1618-20 with SL around 1.16600 for a TP of 1.1500.
