NZDJPY has traded in a narrow range between 93 and 92.39 over the past three days. It hit an intraday low of 91.88 yesterday and is currently trading around 92.71.
|
Technicals |
CMP -92.716 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
92.73 |
CMP<value |
Bearish |
|
200- EMA |
93.37 |
CMP <value |
Bearish |
|
365- EMA |
93.63 |
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) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 93, with an SL around 94, for a TP of 90.


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