AUDJPY surged past 112.50 as Australian dollar gains momentum. Yesterday, it reached its highest point around 113.18, it is currently trading at roughly 113.01.
|
Technicals |
CMP -113.01 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.59 |
CMP> value |
Bullish |
|
200- EMA |
111.70 |
CMP >value |
Bullish |
|
365- EMA |
111.35 |
CMP>value |
Bullish |
Major support- 109/108.
Major resistance- 113.20/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
82.12 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112.50, with an SL around 111.70, for a TP of 115.
