AUDJPY pared most of its gains as the yen gained momentum. It hits an intraday low of9 and is currently trading around 108.82.
|
Technicals |
CMP -108.98 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.29 |
CMP < Value |
Bearish |
|
200- EMA |
109.13 |
CMP <value |
Bearish |
|
365- EMA |
108.50 |
CMP more than value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-94 |
|
ADX |
Neutral |
Strength 34 declined from 38 |
It is good to sell on rallies around 109.28-30 with SL around 110 for a TP of 106.



