AUDJPY is trading higher for the 4th consecutive day on broad-based yen weakness. It hit an intraday high of 114.48 and is now trading close to 114.31.
|
Technicals |
CMP -114.31 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.64 |
CMP>value |
Bullish |
|
200- EMA |
113.04 |
CMP >alue |
Bullish |
|
365- EMA |
112.78 |
CMP>value |
Bullish |
|
800-H EMA |
110.90 |
CMP>value |
Bullish |
Major support-113.50/112.75/11240/112/111.50/ 110.80/110.
Major resistance- 114.50/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
97 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.78-80 with SL around 113 for a TP of 117/118.
