As the yen lost steam, AUDJPY showed a slight retreat. It reaches an intraday high of 109.40 and is presently trading at roughly 109.75.
|
Technicals |
CMP -109.75 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.77 |
CMP< value |
Bearish |
|
200- EMA |
110.26 |
CMP <value |
Bearish |
|
365- EMA |
110.64 |
CMP<value |
Bearish |
Major support- 109/108.
Major resistance- 110/110.95/111.40/112/112.60/113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-66.44 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 110 with SL around 111 for a TP of 108.
