AUDJPY trades above 114.50 on strong Australian dollar..It reached an intraday low of 113.27 and is presently trading close to 113.56.
|
Technicals |
CMP -114.52 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.91 |
CMP>value |
Bearish |
|
200- EMA |
113.38 |
CMP >value |
Bullish |
|
365- EMA |
112.40 |
CMP>value |
Bullish |
Major support- 114/113.38/112.80/112/111.80/110.
Major resistance- 115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
162.25 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.85 with SL around 113 for a TP of 116.25/117.
