EURUSD trades above Tenken-sen (1.09019) and below Kijun-Sen (1.09638).
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish