For the second day running, AUDJPY is trading low as the Australian dollar slows down. On Monday, it peaked at 114.91; right now, it is trading close to 113.98.
|
Technicals |
CMP -113.98 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
114.13 |
CMP<value |
Bearish |
|
200- EMA |
113.54 |
CMP >value |
Bullish |
|
365- EMA |
112.59 |
CMP>value |
Bullish |
Major support- 113.80/113.38/112.80/112/111.80/110.
Major resistance- 115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-38.35 |
|
ADX |
Bearish |
Strength increased from 11.95 to 20.03 |
It is good to good to buy on dips around 113.85 with SL around 113 for a TP of 116.25/117.
