AUDJPY hits a fresh month high on board-based yen weakness. It reached an intraday high of 110.88 and is now trading at about 110.84.
|
Technicals |
CMP -110.84 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.83 |
CMP< value |
Bullish |
|
200- EMA |
109.31 |
CMP< value |
Bullish |
|
365- EMA |
108.99 |
CMP < value |
Bullish |
Major support- 110.35/109.80/108.95/108.50/107.65/106.85/106.
Major resistance- 110.30/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
169.91 |
|
ADX |
Bullish |
Strength increased from21.08 to 34 |
It is good to buy on dips around 110 with SL around 109 for a TP of 112.
