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EURUSD went above 1.1700 as geopolitical tensions eased. It hits an intraday high of 1.17217 and is currently trading around 1.17104.
|
Technicals |
CMP -1.17141 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.15642 |
CMP> value |
Bullish |
|
200- EMA |
1.16021 |
CMP> value |
Bullish |
|
365- EMA |
1.16408 |
CMP >value |
Bullish |
Major support- 1.14. Near-term resistance- 1.1725/1.1765/1.1800
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
270.98 |
|
ADX |
Bullish |
Strength increased from 13.72 to 31 |
It is good to buy on dips around 1.1700 with SL around 1.1660 for a TP of 1.1800.
