AUDJPY pared some of its gains due to profit booking.It reached an high of 113.95 yesterday and is presently trading at about 113.35.
|
Technicals |
CMP -113.35 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.92 |
CMP >value |
Bullish |
|
200- EMA |
111.70 |
CMP> value |
Bullish |
|
365- EMA |
111.02 |
CMP> value |
Bullish |
Major support- 112.90/112.20/111.40/110.80/110.35/109.80.
Major resistance- 114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
35.80 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112.48-50 with SL around 111.40 for a TP of 115.



