Some of its gains on board-based Australian dollar selling were cut back for AUDJPY. It dropped to 111.83 and is currently trading around 111.89.
|
Technicals |
CMP -111.94 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.82 |
CMP <value |
Bearish |
|
200- EMA |
111.94 |
CMP <value |
Bearish |
|
365- EMA |
111.24 |
CMP<value |
Bearish |
Major support- 111.40/110.80/110.35/109.80.
Major resistance- 112.35/113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-211 |
|
ADX |
Bearish |
|
It is good to sell on rallies around 112.28-30 with SL around 112.85 for a TP of 10
