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AUDJPY Surges Past 113 on AUD Momentum: Bullish EMA Alignment Eyes 115 Target

AUDJPY surges past 113 level as Australian dollar gains momentum. It his an intraday high of 113.32 and is currently trading near 113.28. Technicals CMP -113.28 Trend 1- Hour chart Value 55 EMA 112.30 CMP>value Bullish 2…

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AUDJPY Surges Past 113 on AUD Momentum: Bullish EMA Alignment Eyes 115 Target
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AUDJPY surges past 113 level as Australian dollar gains momentum. It his an intraday high of 113.32 and is currently trading near 113.28.

Technicals

CMP -113.28

Trend

1- Hour chart

Value

 

 

55 EMA

112.30

CMP>value

Bullish

200- EMA

112.56

CMP < value

Bullish

365- EMA

112.59

CMP>value

Bullish

800-H EMA

111.21

CMP>value

Bullish

  Major support- 111.40/110/109.30/108/107.69.

Major resistance-  113.10/114/115.

Momentum indicator

Inference

Value

CCI(50)

Bearish

108.16

ADX

Neutral

Strength increased from 10.48 to 13.65

 It is good to buy on dips around 112.58-60 with SL around 111.80 for a TP of 115.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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