From temporary top 113.95, AUDJPY dropped over 200 pips as the Australian currency gained weight. It fell to 111.49 and is presently trading close to 111.76.
|
Technicals |
CMP -111.76 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.25 |
CMP <value |
Bearish |
|
200- EMA |
111.92 |
CMP <value |
Bearish |
|
365- EMA |
111.31 |
CMP<value |
Bearish |
Major support- 111.40/110.80/110.35/109.80.
Major resistance- 112.35/113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-88.31 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.28-30 with SL around 112.85 for a TP of 10
