Following weak Australian CPI figures, AUDJPY gave back some of its recent rise. It dropped during the day to 113.72 and is now trading close to 113.77.
|
Technicals |
CMP -113.77 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.96 |
CMP<value |
Bearish |
|
200- EMA |
113.75 |
CMP >value |
Bullish |
|
365- EMA |
113.66 |
CMP>value |
Bullish |
Major support- 113/112/111.80/110.
Major resistance- 114/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
-164.14 |
|
ADX |
Neutral |
|
It is good to good to buy on dips around 113.38-40 with SL around 112.60 for a TP of 115.
