GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
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AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
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FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
AUDJPY is trading higher for the third consecutive day as the Australian dollar recovers. It hits an intraday high of 113.21 and is now trading around 112.924..
|
Technicals |
CMP -112.95 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.68 |
CMP >value |
Bullish |
|
200- EMA |
112.20 |
CMP >value |
Bullish |
|
365- EMA |
111.61 |
CMP>value |
Bullish |
Major support- 111.40/110.80/110.35/109.80.
Major resistance- 113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
81.10 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112,68-70 with SL at 112, for a TP of 115.
