NZDJPY holds above the 93 level as the yen loses momentum. It hits an intraday high of 93.25 and is currently trading around 93.24.
|
Technicals |
CMP -93.24 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
92.91 |
CMP>value |
Bullish |
|
200- EMA |
93.22 |
CMP >value |
Bullish |
|
365- EMA |
93.48 |
CMP<value |
Bearish |
|
93.50 |
CMP<Value |
Bearish |
Near-term resistance - 93.60/94.50/95. Near-term support- 92.80/92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
208.10 |
|
ADX |
Neutral |
|
It is good to good to buy above 93.50 with SL around 92.70 for a TP of 95.
