GBPJPY pared some of its gains as yen gains momentum.It reached an intraday low of 211.09; now it is about 211.23.
|
Technicals |
CMP -211.23 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
215.99 |
CMP <value |
Bearish |
|
200- EMA |
215.77 |
CMP >value |
Bearish |
|
365- EMA |
215.46 |
CMP >value |
Bearish |
Major support- 210/209.55/208. Major resistance: 212/212.66/213/214/215.
|
Momentum indicator |
Value |
|
|
CCI(50) |
-416 |
Bearish |
|
ADX |
Strength increased from 15.80 to 39 |
Bearish |
It is good to sell on rallies around 211.78-80, with SL around 213 for a TP of 208
