AUDJPY is consolidating in a narrow range with positive bias. It reached a high of 114.27 and is presently trading close to 114.18.
|
Technicals |
CMP -114.17 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.99 |
CMP> value |
Bullish |
|
200- EMA |
113.68 |
CMP >value |
Bullish |
|
365- EMA |
113.12 |
CMP>value |
Bullish |
Major support- 113.70/113/112.70/111.80/110.
Major resistance- 114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
94.96 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.58-60, with an SL around 113, for a TP of 115.
