EURUSD gained sharply above 1.1600on board-based US dollar selling. It hits an low of 1.14407 and is currently trading around 1.16146.
|
Technicals |
CMP -1.16146 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.15380 |
CMP>value |
Bullish |
|
200- EMA |
1.15367 |
CMP>value |
Bullish |
|
365- EMA |
1.15552 |
CMP >value |
Bullish |
Major support- 1.14.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
128 |
|
ADX |
Bullish |
Strength increased to 55.94 from 46.20 |
It is good to buy on dips around 1.15850-60 with SL around 1.15250 for a TP of 1.1700.


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