For the past five days, AUDJPY is trading in a tight range between 109.92 and 111.28. Its current trade is around 110.85, reaching an intraday high of 110.84.
|
Technicals |
CMP -110.83 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.75 |
CMP >value |
Bullish |
|
200- EMA |
110.63 |
CMP> value |
Bullish |
|
365- EMA |
110.23 |
CMP> value |
Bullish |
Major support- 110.35/109.80/109.50/108.95/108.50/107.65.
Major resistance- 111.15/112.10/113
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
73.48 |
|
ADX |
Neutral |
|
It is good to buy on dips around 110.25-30 with SL around 109.50 for a TP of 112.
