AUDJPY showed a minor sell-off on weak Australian dollar. It his an intraday low of 114.21 and is currently trading near 114.35.
|
Technicals |
CMP -114.35 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
114.56 |
CMP>value |
Bullish |
|
200- EMA |
114 |
CMP > value |
Bullish |
|
365- EMA |
113.56 |
CMP>value |
Bullish |
|
800-H EMA |
113.17 |
CMP>value |
Bullish |
Major support- 113/112.60/112/111.40/110/109.30/108/107.69.
Major resistance: 115/116/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
146.96 |
|
ADX |
|
Strength increased from 25.06 to 26.85 |
It is good to buy on dips around 114, with SL around 113 for a TP of 115.
