AUDJPY gained above 112 on board-based yen weakness. It hits an high of 112.54 and is now trading close to 112.45.
|
Technicals |
CMP -112.45 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
111.93 |
CMP>value |
Bullish |
|
200- EMA |
111.96 |
CMP >value |
Bullish |
|
365- EMA |
112.22 |
CMP>value |
Bullish |
Major support-111.50/ 110.80/110.
Major resistance- 112.65/113/113.56/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
206 |
|
ADX |
Bullish |
Strength increased from 12.25 to 26.95 |
It is good to buy on dips around 112 with SL around 111 for a TP of 114/115.
