AUDJPY declined more than pips after hitting a temporary top around 110.08. At 108.99, it reaches an low of 108.99 yesterday; it is now trading at about 109.37.
|
Technicals |
CMP -109.63 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.33 |
CMP>value |
Bullish |
|
200- EMA |
109.02 |
CMP >value |
Bullish |
|
365- EMA |
108.75 |
CMP < value |
Bullish |
Major support- 108.80/108.50/107.65/106.85/106.
Major resistance- 109.60/110/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-21.41 |
|
ADX |
Neutral |
|
It is good to buy on dips around 109 with SL around 108 for a TP of 111.64/112.
