Most aggressive/trader-friendly: NZDJPY Coiled & Ready: Buy the Dips, 95 in Sight!
NZDJPY has been consolidating in a narrow range between 91.92 and 93.86 for the past one week. It hits an intraday high of 93.76 and is currently trading around 93.23. Intraday trend is bullish as long as support at 91.8…
NZDJPY has been consolidating in a narrow range between 91.92 and 93.86 for the past one week. It hits an intraday high of 93.76 and is currently trading around 93.23. Intraday trend is bullish as long as support at 91.80 holds
Technicals
CMP -93.27
Trend
1- Hour chart
Value
55 EMA
93.43
CMP <value
Bearish
200- EMA
93.12
CMP > value
Bullish
365- EMA
93.01
CMP >value
Bullish
Momentum indicator
Inference
Value
CCI(50)
Bearish
-64.18
ADX
Neutral
It is good to buy on dips around 93 with SL around 91.90 for a TP of 95
