AUDJPY took support near trend line and showed a minor pullback. It hits a low of 107.97 yesterday and is currently trading around 108.61.
|
Technicals |
CMP -108.61 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
108.85 |
CMP < value |
Bearish |
|
200- EMA |
109.01 |
CMP < value |
Bearish |
|
365- EMA |
108.53 |
CMP > value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-59.89 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 109.10-15, with an SL around 110, for a TP of 106.
