AUDJPY falls for the third day in a row. It dropped to an intraday low of 112.29 and is now trading close to 112.301.
|
Technicals |
CMP -112.29 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.33 |
CMP<value |
Bearish |
|
200- EMA |
113.41 |
CMP <value |
Bearish |
|
365- EMA |
112.65 |
CMP<value |
Bearish |
Major support- 112/111.80/110.
Major resistance- 113.20/113.56/114/115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-104.82 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.58-60 with SL around 113.20 for a TP of 110.50.
