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FxWirePro- Woodies pivot (Major) 
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GBPJPY holds above 215 as yen loses momentum. It reaches an intraday high of 215.32; presently it is around 215.09.
|
Technicals |
CMP -215.09 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.61 |
CMP >value |
Bullish |
|
200- EMA |
214.14 |
CMP >value |
Bullish |
|
365- EMA |
213.91 |
CMP >value |
Bullish |
Major support-212.60/212/211.30/210.40/209.80/209. Major resistance 215.50/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
156.06 |
Bullish |
|
ADX |
Neutral |
|
It is good to buy on dips around 214, with an SL around 213, for a TP of 216/217.
