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`GBPJPY dropped a little in response to profit-taking. It plummeted to an intraday low of 214.49; now it is around 214.54.
|
Technicals |
CMP -214.54 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.42 |
CMP >value |
Bullish |
|
200- EMA |
213.97 |
CMP >value |
Bullish |
|
365- EMA |
213.39 |
CMP >value |
Bullish |
Major support-213.80/213/212.60/212/211.30/210.40/209.80. Major resistance 215.25/215.60/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
8.65 |
Neutral |
|
ADX |
|
Neutral |
It is good to buy on dips around 214 with SL around 213 for a TP of 217.
