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AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
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AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
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AUDJPY showed a minor pullback after a massive sell-off. It reached a low of 112.91 and is presently trading close to 113.32.
|
Technicals |
CMP -113.32 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.22 |
CMP> value |
Bullish |
|
200- EMA |
113.33 |
CMP <value |
Bearish |
|
365- EMA |
113.28 |
CMP<value |
Bearish |
Major support- 112/111.80/110.
Major resistance- 113.50/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
40.51 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 113.48-50 with SL around 114.41 for a TP of 110.
