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GBPJPY trades higher depsite dismal UK retail sales. It hits an intraday high of 213.69; now it is trading at about 213.645.
|
Technicals |
CMP -213.645 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.38 |
CMP >value |
Bullish |
|
200- EMA |
213.15 |
CMP >value |
Bullish |
|
365- EMA |
213.28 |
CMP >value |
Bullish |
Major support-211.30/210.40/209.80/209. Major resistance 213.70/ 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
57.74 |
|
ADX |
Neutral |
|
It is good to buy on dips around 213 ith SL around 212 for a TP of 215.
