AUDJPY maintains above 110 as yen loses its lustre. It reached an intraday high of 110.43 and is now trading at about 110.16.
|
Technicals |
CMP -110.16 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.34 |
CMP< value |
Bearish |
|
200- EMA |
109.08 |
CMP >value |
Bullish |
|
365- EMA |
108.82 |
CMP < value |
Bullish |
Major support- 108.80/108.50/107.65/106.85/106.
Major resistance- 110.30/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
40.86 |
|
ADX |
Neutral |
Strength increased from 15 to 16.38 |
It is good to buy on dips around 110 with SL around 109 for a TP of 112.
