AUDJPY is consolidating depsite strong Australain dollar. It his an intraday high of 112.95 and is currently trading near 112.842.
|
Technicals |
CMP -112.842 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.65 |
CMP>value |
Bullish |
|
200- EMA |
112.65 |
CMP > value |
Bullish |
|
365- EMA |
112.64 |
CMP>value |
Bullish |
|
800-H EMA |
111.31 |
CMP>value |
Bullish |
Major support- 112.60/112/111.40/110/109.30/108/107.69.
Major resistance- 113.60/114/115/116.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
39.81 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112.48-50 with SL around 112 for a TP of 115.
