AUDJPY pared most of its gains as Australian dollar lost its momentum. It reached an intraday low of 113.39 and is presently trading close to 113.489
|
Technicals |
CMP -113.469 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
114.15 |
CMP<value |
Bearish |
|
200- EMA |
113.86 |
CMP <value |
Bearish |
|
365- EMA |
113.66 |
CMP<value |
Bearish |
Major support- 113/112/111.80/110.
Major resistance- 113.70/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-267.76 |
|
ADX |
Bearish |
Strength increased from 40.97 to 50 |
It is good to sell on rallies around 113.68-70 with SL around 114.40 for a TP of 110.
