AUDJPY has been consolidating in a narrow range between 111.51 and 110.84 for the past two days. It hit an intraday high of 111.51 and is currently trading near 1
|
Technicals |
CMP -111.12 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
111.23 |
CMP<value |
Bearish |
|
200- EMA |
111.81 |
CMP <alue |
Bearish |
|
365- EMA |
112.30 |
CMP<value |
Bearish |
|
800-H EMA |
111.12 |
CMP>value |
Bullish |
Major support- 109.30/108/107.69.
Major resistance- 111.40/112/113.10/114.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
128.35 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 111.50-55 with SL around 112.20 for a TP of 108.
