AUDJPY showed a minor sell-off after upbeat Australian CPI data. It reached an intraday low of 114.33 and is presently trading close to 114.348.
|
Technicals |
CMP -114.344 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
114.38 |
CMP< value |
Bearish |
|
200- EMA |
113.98 |
CMP >value |
Bullish |
|
365- EMA |
113.44 |
CMP>value |
Bullish |
Major support- 113.70/113/112.70/111.80/110.
Major resistance- 114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-59.77 |
|
ADX |
Neutral |
|
It is good to buy on dips around 114 with SL around 113 for a TP of 116.
