AUDJPY lost its shine on board-based Yen buying. It his an low of 110.27 yesterday and is currently trading near 110.838.
|
Technicals |
CMP -110.83 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.56 |
CMP<value |
Bearish |
|
200- EMA |
112.95 |
CMP <value |
Bearish |
|
365- EMA |
112.87 |
CMP<Value |
Bearish |
|
800-H EMA |
111.68 |
CMP<Value |
Bearish |
Major support- 110/109.30/108/107.69.
Major resistance: 111.50/111.71/112/112.60/113/113.75/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-109.61 |
|
ADX |
Bearish |
Strength increased from 60.13 to 60.91 |
It is good to sell on rallies around 111.48- 50, with SL around 112.60 for a TP of 108.
