NZDJPY pared most of its gains on board-based New Zealand dollar weakness. It hits an intraday low of 92.81 and is currently trading around 92.948.
|
Technicals |
CMP -92.93 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.25 |
CMP<value |
Bearish |
|
200- EMA |
93.39 |
CMP <value |
Bearish |
|
365- EMA |
93.35 |
CMP<value |
Bearish |
|
93.36 |
CMP<Value |
Bearish |
Near-term resistance - 93.60/94/94.50/95/96. Near-term support- 92.80/92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-212 |
|
ADX |
Bearish |
Strength increased from 32.19 to 57 |
It is good to sell on rallies around 93.05-10 with SL around 93.60 for a TP of 91.80.



