AUDJPY gained more than 100 pips as the yen lost momentum. It hit a low of 108.89 and is now trading at about 109. 83
|
Technicals |
CMP -109.48 |
Trend |
|
|
1-hour chart |
Value |
|
|
|
55 EMA |
109.79 |
CMP>value |
Bullish |
|
200- EMA |
110.51 |
CMP <value |
Bearish |
|
365- EMA |
110.94 |
CMP<Value |
Bearish |
|
800-H EMA |
111.61 |
CMP<Value |
Bearish |
Major support- 108.80/107.69/107.
Major resistance: 110/111/112/112.60/113/113.75/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
46.74 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 110.23-25, with SL around 111 and TP at 109.30/108.
