Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

AUDJPY Bulls Eye 113: Dip-Buying Bonanza After 400-Pip Surge

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.

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.