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NZDJPY showed a minor pullback on board-based yen weakness. If the 93.60 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -94.826 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
94.56 |
CMP<value |
Bullish |
|
200- EMA |
93.62 |
CMP >value |
Bullish |
|
365- EMA |
93.34 |
CMP>value |
Bullish |
|
92.60 |
CMP>Value |
Bullish |
Near-term resistance - 95.50/96.25/97. Near-term support- 94.40/93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy on dips around 94.40 with an SL around 93.60, for a TP of 97.
