AUDJPY pared some of its gains as the Australian dollar loses momentum. It hit an intraday low of 114.21 and is currently trading near 114.35.
|
Technicals |
CMP -114.22 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
114.01 |
CMP>value |
Bullish |
|
200- EMA |
113.22 |
CMP > value |
Bullish |
|
365- EMA |
112.98 |
CMP>value |
Bullish |
|
800-H EMA |
111.61 |
CMP>value |
Bullish |
Major support- 113/112.60/112/111.40/110/109.30/108/107.69.
Major resistance: 115/116/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
47 |
|
ADX |
Neutral |
|
It is good to buy on dips around 114, with SL around 113 for a TP of 115.
