AUDJPY surged more than 100 pips from yesterday’s low on board-based Australian dollar buying. It hit an intraday high of 111.10 and is now trading around 111.10.
|
Technicals |
CMP -111.10 |
Trend |
|
|
1-hour chart |
Value |
|
|
|
55 EMA |
110.53 |
CMP>value |
Bullish |
|
200- EMA |
110.33 |
CMP >value |
Bullish |
|
365- EMA |
110.45 |
CMP>Value |
Bullish |
|
800-H EMA |
111.01 |
CMP<Value |
Bearish |
Major support: 110/108.80/107.69/107.
Major resistance: 111.20/112/112.60/113/113.75/115.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
216.97 |
|
ADX |
Bullish |
Strength increased from 39.88 to 45 |
It is good to good to buy on dips around 110.78-80 with SL around 110 for a TP of 112.60/113
