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 - EconoTimes)
Intraday bias - Weak
Technicals-
The pair is trading below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 190.90, a breach above targets 191.20/191.65/192.10. The immediate support is at 189.70, any violation below will drag the pair to 189/188.25.
Indicator (hourly chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index - neutral. All indicators confirm the mixed trend.
It is good to sell on rallies around 190.98-191 with SL around 191.65 for a TP of 188.40.
