AUDJPY lost its shine on board-based Yen buying. It hit an intraday low of 111.25 and is currently trading near 111.62.
|
Technicals |
CMP -111.62 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.35 |
CMP<value |
Bearish |
|
200- EMA |
113.17 |
CMP <value |
Bearish |
|
365- EMA |
111.70 |
CMP<Value |
Bearish |
|
800-H EMA |
112.99 |
CMP<Value |
Bearish |
Major support- 111.40/110/109.30/108/107.69.
Major resistance: 112/112.60/113/113.75/115/116/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-167.52 |
|
ADX |
Bearish |
Strength increased from 50.78 to 52.78 |
It is good to sell on rallies around 112, with SL around 113 for a TP of 110.
