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AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 
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NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96 
AUD/JPY: Narrow Range, Bullish Bias—Dip-Buy Setup at 113.58–60 Targets 115 
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NZDJPY trades flat with positive bias. It reached an intraday high of 93.89 and is currently trading near 93.78. If the 92.80 support level stays steady, the upward trend seems to be going well.
|
Technicals |
CMP -93.77 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.72 |
CMP>value |
Bullish |
|
200- EMA |
93.61 |
CMP >value |
Bullish |
|
365- EMA |
93.31 |
CMP>value |
Bullish |
Near-term resistance - 91.50/92.01/92.75/93. Near-term support- 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
47.75 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.58-60 with SL around 92.85 for a TP of 95/96.
