AUDJPY holds above 112 on board-based yen weakness. It hit an intraday high of 112.45 and is currently trading near 112.43.
|
Technicals |
CMP -112.43 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
111.96 |
CMP>value |
Bullish |
|
200- EMA |
111.87 |
CMP >alue |
Bullish |
|
365- EMA |
112.21 |
CMP<value |
Bearish |
|
800-H EMA |
112.57 |
CMP>value |
Bullish |
Major support- 111.40/110/109.30/108/107.69.
Major resistance- 113.10/114/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
81.62 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112 with SL around 110.80 for a TP of 115.
