AUDJPY trades flat is consolidating in a narrow range between 112.81 and 112.24 for the past 3 days. It hit a high of 112.75 and is now trading close to 112.44.
|
Technicals |
CMP -112.44 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.1 |
CMP>value |
Bullish |
|
200- EMA |
112.639 |
CMP <alue |
Bearish |
|
365- EMA |
112.50 |
CMP<value |
Bearish |
|
800-H EMA |
112.62 |
CMP<value |
Bearish |
Major support-111.50/ 110.80/110.
Major resistance- 113/113.56/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
127.42 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.58-60 with SL around 113.40 for a TP of 110.
