AUDJPY pared some of its gains on board-based Australain dolalr weakness. It reached a high of 113.32 and is presently trading close to 112.36.
|
Technicals |
CMP -112.36 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.83 |
CMP< value |
Bearish |
|
200- EMA |
113.41 |
CMP <value |
Bearish |
|
365- EMA |
113.30 |
CMP<value |
Bearish |
Major support- 111.80/110.
Major resistance- 113/113.50/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-145 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.88-90 with SL around 113.55 for a TP of 110.
