AUDJPY is consolidating in a narrow range between 114.73 and 112.63 for the past one week. It reached an intraday high of 113.92 and is presently trading close to 113.83.
|
Technicals |
CMP -113.83 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.57 |
CMP>value |
Bullish |
|
200- EMA |
113.56 |
CMP >value |
Bullish |
|
365- EMA |
113.54 |
CMP>value |
Bullish |
Major support- 113/112/111.80/110.
Major resistance- 114/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
156.89 |
|
ADX |
Neutral |
|
It is good to good to buy on dips around 113.50 with SL around 112.48 for a TP of 116.
