AUDJPY strikes a new all-time high on board-based yen weakness. It is now trading at roughly 110.99, having reached an intraday high of 111.47.
|
Technicals |
CMP -110.99 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.63 |
CMP< value |
Bullish |
|
200- EMA |
109.72 |
CMP< value |
Bullish |
|
365- EMA |
109.26 |
CMP < value |
Bullish |
Major support- 110.35/109.80/108.95/108.50/107.65/106.85/106.
Major resistance- 111/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
69.79 |
|
ADX |
Neutral |
|
It is good to buy on dips around 110.58-60 with SL around 109.80 for a TP of 112.
