AUDJPY is consolidating in a narrow range after minor pullback. It his an intraday high of 112.60 and is currently trading near 112.608.
|
Technicals |
CMP -112.61 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.19 |
CMP>value |
Bullish |
|
200- EMA |
112.56 |
CMP < value |
Bullish |
|
365- EMA |
112.59 |
CMP>value |
Bullish |
|
800-H EMA |
111.18 |
CMP>value |
Bullish |
Major support- 111.40/110/109.30/108/107.69.
Major resistance- 113.10/114/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
81.60 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112, with SL around 110.80 for a TP of 115.
