NZDJPY trades flat with a negative bias. It hits an intraday high of 93.02 and is currently trading around 92.97.
|
Technicals |
CMP -92.97 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
92.84 |
CMP>value |
Bullish |
|
200- EMA |
93.28 |
CMP <value |
Bearish |
|
365- EMA |
93.54 |
CMP<value |
Bearish |
|
93.55 |
CMP<Value |
Bearish |
Near-term resistance - 93/93.60/94.50. Near-term support- 92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
83.50 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93 with SL around 94 for a TP of 90.


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