Technical Analysis: Bias Bullish
- Pair is extending gains above 200-DMA
- Price has broken above 100-DMA and daily cloud
- Momentum studies are bullish
- RSI strong at 65, bias higher
- +DMI crossover on -ve DMI
- Bullish MACD line crossover on signal line
Support levels - 1.6961 (5-DMA), 1.6927 (100-DMA)
Resistance levels - 1.71, 1.7163 (Mar 21 high), 1.7245 (trendline)
Good to go long on dips around 1.7075/85, SL: 1.6985, TP: 1.71/ 1.7160/ 1.72/ 1.7245
- Pair is extending gains above 200-DMA
- Price has broken above 100-DMA and daily cloud
- Momentum studies are bullish
- RSI strong at 65, bias higher
- +DMI crossover on -ve DMI
- Bullish MACD line crossover on signal line
Support levels - 1.6961 (5-DMA), 1.6927 (100-DMA)
Resistance levels - 1.71, 1.7163 (Mar 21 high), 1.7245 (trendline)
Good to go long on dips around 1.7075/85, SL: 1.6985, TP: 1.71/ 1.7160/ 1.72/ 1.7245