AUDJPY trades flat in past two days after a massive sell-off. At 108.65, it reaches an intraday low; it is now trading at about 108.69.
|
Technicals |
CMP -108.69 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
108.43 |
CMP> value |
Bullish |
|
200- EMA |
108.68 |
CMP >value |
Bullish |
|
365- EMA |
108.47 |
CMP < value |
Bullish |
Major support- 108/106.85/106.
Major resistance- 108.85/109.25/109.60/110/110.78/11.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
52.50 |
|
ADX |
Neutral |
|
It is good to buy on dips around 108.48-50 with SL around 107.65 for a TP of 110.
