AUDJPY gained sharply after a rate hike by the BOJ. It reached an intraday high of 112.50 and is currently trading around 112.39.
|
Technicals |
CMP -112.39 |
Trend |
|
|
1-hour chart |
Value |
|
|
|
55 EMA |
110.98 |
CMP>value |
Bullish |
|
200- EMA |
111.02 |
CMP >value |
Bullish |
|
365- EMA |
111.53 |
CMP>Value |
Bullish |
|
800-H EMA |
112.16 |
CMP>Value |
Bullish |
Major support: 109.30/108/107.69.
Major resistance: 111/111.50/111.71/112/112.60/113/113.75/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
13 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112 with SL around 111, for a TP of 114/115.
