AUDJPY trades higher on easing geopolitical tension. It reached an intraday high of 113.41 and is presently trading close to 113.27.
|
Technicals |
CMP -113.267 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.13 |
CMP>value |
Bullish |
|
200- EMA |
113.33 |
CMP <value |
Bearish |
|
365- EMA |
112.66 |
CMP<value |
Bullish |
Major support- 112.80/112/111.80/110.
Major resistance- 113.56/114/115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
8.50 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113 with SL around 112 for a TP of 115.
