The pair has been able to close above 20DSma for the last 3 days. The pair is trading at the multi- resistance level at 172.64 above this, 172.95 (the 50.0 fib level), and 173. We expect the pair to touch 173.50 this week. A weekly close is above 173. The short-term strength will regain for the levels between 174.20 and 174.50. On the down side, it has support at 172.30 (100DSma) and 172.10 (20DSma). A daily close is below 172; it will fall down to the levels between 171.63 and 171.
Intraday cmp
The prices are closed and trading above the 12 ema and the &34 hrsma levels. In the current h4 candle, the pair is facing resistance at 172.66. Above this,it is only safe to buy for intraday basis. On the down side, it has support at 172.33, 172.10, and 171.75 levels.
The material has been provided by InstaForex Company – www.instaforex.com
The
pair has been able to close above 20DSma for the last 3 days. The pair is
trading at the multi- resistance level at 172.64 above this, 172.95 (the 50.0
fib level), and 173. We expect the pair to touch 173.50 this week. A weekly
close is above 173. The short-term strength will regain for the levels between 174.20 and 174.50. On the down side, it has support
at 172.30 (100DSma) and 172.10 (20DSma). A daily close is below 172; it will fall down to the levels between 171.63 and 171.
Intraday
cmp
The
prices are closed and trading above the 12 ema and the &34 hrsma levels. In the current h4 candle, the pair is facing
resistance at 172.66. Above this,it is only safe to buy for intraday basis. On the down
side, it has support at 172.33, 172.10, and 171.75 levels.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: