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The EURUSD pair rose sharply as geopolitical tensions eased. Yesterday the pair reached 1.17508, and now its value is about 1.17500.
|
Technicals |
CMP -1.17500 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.17160 |
CMP > value |
Bulish |
|
200- EMA |
1.17253 |
CMP > value |
Bullish |
|
365- EMA |
1.17055 |
CMP >value |
Bullish |
Major support- 1.1700/1.1660/1.1600. Near-term resistance-1.1800/1.18500/1.1925
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
166 |
|
ADX |
Neutral |
|
It is good to buy on dips around 1.17400 with SL around 1.1700 for a TP of 1.18250.
