NZDJPY is consolidating after a massive sell-off. It hit a low of 91.66 yesterday and is currently trading around 92.14.
|
Technicals |
CMP -92.14 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.43 |
CMP<value |
Bearish |
|
200- EMA |
94.18 |
CMP <value |
Bearish |
|
365- EMA |
94.13 |
CMP<value |
Bearish |
|
93.75 |
CMP<Value |
Bearish |
Near-term resistance - 92.30/93/93.60/94.50. Near-term support- 91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Beairsh |
-144 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 92.72-75 with SL around 93.60 for a TP of 90.
