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GBPJPY lost its shine on board-based yen buying. It reached an intraday low of 207.10; now it is about 208.515.
|
Technicals |
CMP -208.51 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
209.61 |
CMP <value |
Bearish |
|
200- EMA |
212.66 |
CMP >value |
Bearish |
|
365- EMA |
213.88 |
CMP >value |
Bearish |
Major support: 208/207/205. Major resistance: 209.10/210/211.60/212.66/213/214/215.
|
Momentum indicator |
Value |
|
|
CCI(50) |
-59.98 |
Bearish |
|
ADX |
|
Neutral |
It is good to sell on rallies around 209.60-65 with SL around 210.40 for a TP of 207.
