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NZDJPY lost its shine on board-based New Zealand dollar selling. It hit a low of 90.97; now trading about 91.15. If the 92.50 resistance holds, the trend is currently downward.
|
Technicals |
CMP -91.16 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
91.62 |
CMP<value |
Bearish |
|
200- EMA |
92.23 |
CMP <value |
Bearish |
|
365- EMA |
92.51 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-105.72 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 92.95-93 with SL around 94.18 for a TP of 90.
