GBPJPY declined sharply on board-based pound buying. It is now trading around 210.207 after reaching an intraday low of 209.93.
|
Technicals |
CMP -210.23 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
210.67 |
CMP < value |
Bearish |
|
200- EMA |
210.09 |
CMP > value |
Bullish |
|
365- EMA |
210.20 |
CMP < value |
Bearish |
Major support- 209.80/209.48/208. Major resistance - 211/212/213.15/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-66.69 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 210.48-50 with SL around 211 for a TP of 209.
