AUDJPY trades flat after a massive decline of more than 400 pips the previous week. It hit a low of 109.37 yesterday and is now trading close to 109.87.
|
Technicals |
CMP -109.87 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.07 |
CMP<value |
Bearish |
|
200- EMA |
113.10 |
CMP <alue |
Bearish |
|
365- EMA |
112.87 |
CMP<value |
Bearish |
|
800-H EMA |
111.11 |
CMP<value |
Bearish |
Major support- 109.30/108/107.69.
Major resistance- 110.65/112/113.10/114.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-267 |
|
ADX |
Bearish |
Strength increased from 32.99 to 43.18 |
It is good to sell on rallies around 110.65-67, with an SL around 111.40, for a TP of 107.75.


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