AUDJPY indicated a little pullback as the Australian dollar improves. It hits an intraday high of 113.02 and is now trading around 112.75.
|
Technicals |
CMP -112.75 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.32 |
CMP >value |
Bullish |
|
200- EMA |
112.03 |
CMP >value |
Bullish |
|
365- EMA |
111.42 |
CMP>value |
Bullish |
Major support- 111.40/110.80/110.35/109.80.
Major resistance- 113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
89 |
|
ADX |
Neutral |
|
It is good to buy on dips around 112 with SL around 111.35 for a TP of 115.
