NZDJPY reduced some of its increases following a little dip. It came near to its intraday high of 93.33 at its current price of 92.79. If the 94.20 resistance holds intact, the intraday trend is negative. Technicals CMP …
NZDJPY reduced some of its increases following a little dip. It came near to its intraday high of 93.33 at its current price of 92.79. If the 94.20 resistance holds intact, the intraday trend is negative.
Technicals
CMP -92.77
Trend
1- Hour chart
Value
55 EMA
93.01
CMP <value
Bearish
200- EMA
93.17
CMP <value
Bearish
365- EMA
93.14
CMP< value
Bearish
Momentum indicator
Inference
Value
CCI(50)
Neutral
-0.37
ADX
Neutral
It is good to sell on rallies around 93.18-20 with SL around 94.18 for a TP of 90.85/90.
