AUDJPY pared its gains made yesterday on board-based yen buying. It hits an intraday low of 111.21 and is now trading close to 111.47.
|
Technicals |
CMP -111.30 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
111.99 |
CMP> value |
Bearish |
|
200- EMA |
112.07 |
CMP <value |
Bearish |
|
365- EMA |
112.36 |
CMP<value |
Bearish |
Major support- 110.80/110.
Major resistance- 112/113/113.56/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-179 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112 with SL around 113 for a TP of 110.
