AUDJPY trades highly volatile after a massive sell-off. It hits an low of 110.89 yesterday and is now trading close to 112.41.
|
Technicals |
CMP -112.41 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.62 |
CMP<value |
Bearish |
|
200- EMA |
113.24 |
CMP <alue |
Bearish |
|
365- EMA |
112.94 |
CMP<value |
Bearish |
|
800-H EMA |
111.12 |
CMP>value |
Bullish |
Major support- 112/111.50/ 110.80/110.
Major resistance- 113/114/114.70/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-277.85 |
|
ADX |
Bearish |
Strength increased from 28.35 to 31.50 |
It is good to sell on rallies around 113 with SL around 114 for a TP of 110.
