AUDJPY holds above 113.50 as the Australian dollar gained momentum. It hits an intraday high of 113.34 and is now trading close to 113.29
|
Technicals |
CMP -113.56 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
112.85 |
CMP>value |
Bullish |
|
200- EMA |
112.73 |
CMP >alue |
Bullish |
|
365- EMA |
112.58 |
CMP>value |
Bullish |
|
800-H EMA |
110.68 |
CMP>value |
Bullish |
Major support-112.75/11240/112/111.50/ 110.80/110.
Major resistance- 113.70/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
108.88 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.18-20 with SL around 112.50 for a TP of 115.
