AUDJPY trades flat with neutral bias. It hits an intraday high of 111.15 and is now trading around 110.85.
|
Technicals |
CMP -110.85 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.99 |
CMP< value |
Bearish |
|
200- EMA |
111.61 |
CMP >value |
Bearish |
|
365- EMA |
111.53 |
CMP>value |
Bearish |
Major support- 110.35/109.80/109.
Major resistance- 111.40/112/112.60/113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-0.48 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 111.48-50 with SL around 112.10 for a TP of 110.
