GBPJPY lost its shine on board-based Yen buying. Today it hits an intraday low of 210.76; now it is trading at about 211.92.
|
Technicals |
CMP -211.92 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.05 |
CMP >value |
Bullish |
|
200- EMA |
213.58 |
CMP <value |
Bearish |
|
365- EMA |
212.61 |
CMP <value |
Bearish |
Major support- 213/212.30/211.80/211.30/210.40. Major resistance 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-111.67 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 213 with SL around 214 for a TP of 210.
