AUDJPY holds above 114 as the Australian dollar gains momentum. It reached an intraday high of 114.18 and is presently trading close to 114.07
|
Technicals |
CMP -114.07 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.77 |
CMP<value |
Bearish |
|
200- EMA |
113.31 |
CMP >value |
Bullish |
|
365- EMA |
112.32 |
CMP>value |
Bullish |
Major support- 113/112/111.80/110.
Major resistance- 114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
95.95 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.28-30 with SL around 112.40 for a TP of 115.
