AUDJPY pared some of its gains as yen gains momentum. It hits an intraday low of of 112.33 and is now trading close to 112.28.
|
Technicals |
CMP -112.28 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.55 |
CMP<value |
Bearish |
|
200- EMA |
112.33 |
CMP <alue |
Bearish |
|
365- EMA |
112.36 |
CMP<value |
Bearish |
|
800-H EMA |
112.62 |
CMP<value |
Bearish |
Major support-111.50/ 110.80/110.
Major resistance- 112.75/113/113.56/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-197 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.58-60, with an SL around 113.40, for a TP of 110.
