 - EconoTimes)
Intraday bias - Weak
Technicals-
The pair is trading below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 192.10, a breach above targets 192.60/193/193.40. The immediate support is at 191, any violation below will drag the pair to 190.
Indicator (hourly chart)
CCI (14)- Bearish
CCI (50)- Bullish
Average directional movement Index - neutral. All indicators confirm the mixed trend.
It is good to sell on rallies around 192.02-05 with SL around 192.65 for a TP of 190.
