AUDJPY showed a minor profit booking after a jump of more than 400 pips. It is now trading at roughly 111.41, having reached an intraday high of 112.09
|
Technicals |
CMP -111.426 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
111.23 |
CMP< value |
Bullish |
|
200- EMA |
110.44 |
CMP< value |
Bullish |
|
365- EMA |
109.85 |
CMP < value |
Bullish |
Major support- 111.20/110.35/109.80/108.95/108.50/107.65/106.85/106.
Major resistance- 112.20/113.80
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
115.43 |
|
ADX |
Neutral |
|
It is good to buy on dips around 111 with SL around 109.80 for a TP of 113.
