Technicals

Add as a preferred source on Google

Aussie-Yen Retreats to 113.50 on Broad AUD Weakness—Bulls Circle 113.30 Dip for 115 Charge

AUDJPY pared some of its gains on board-based Australian dollar weakness. It reached an intraday low of 113.27 and is presently trading close to 113.56. Technicals CMP -113.58 Trend 4- Hour chart Value 55 EMA 113.74 CMP<…

1 min read
Aussie-Yen Retreats to 113.50 on Broad AUD Weakness—Bulls Circle 113.30 Dip for 115 Charge
Image from the original EconoTimes article

Read the original article

AUDJPY pared some of its gains on board-based Australian dollar weakness. It reached an intraday low of 113.27  and is presently trading close to 113.56.

 

Technicals

CMP -113.58

Trend

4- Hour chart

Value

 

 

55 EMA

113.74

CMP<value

Bearish

200- EMA

113.28

CMP >value

Bullish

365- EMA

112.28

CMP>value

Bullish

 Major support- 113/112/111.80/110.

Major resistance-  114/114.40/115/116.25

Momentum indicator

Inference

Value

CCI(50)

Bullish

-22

ADX

Neutral

 

 It is good to good to buy on dips around 113.28-30 with SL around 112.40 for a TP of 115.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

`

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560