NZDJPY gained nearly 100 pips from yesterday’s low of 93.15 on board-based New Zealand dollar buying. At 93.41 now, it touched its intraday low of 93.19. Intraday trend is positive provided the 91.80 support stays intact
|
Technicals |
CMP -93.33 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.58 |
CMP >value |
Bullish |
|
200- EMA |
93.14 |
CMP >value |
Bullish |
|
365- EMA |
93.0 |
CMP> value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
48.94 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.48-50 with SL around 92.90 for a TP of 95.


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