AUDJPY showed a minor profit-booking after hitting a multi-year high. Yesterday at about 114.37, it reached its peak; it is presently trading at almost 113.723.
|
Technicals |
CMP -113.80 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.83 |
CMP< value |
Bearish |
|
200- EMA |
113.17 |
CMP >value |
Bullish |
|
365- EMA |
112.52 |
CMP>value |
Bullish |
Major support- 112.70/111.80/110.
Major resistance- 114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-14.78 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113, with an SL around 111.80 and a TP of 115.
