NZDJPY holds above 95 level on board-based New Zealand dollar buying. If the 94 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -95.33 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
94.18 |
CMP>value |
Bullish |
|
200- EMA |
93.28 |
CMP >value |
Bullish |
|
365- EMA |
93.12 |
CMP>value |
Bullish |
|
92.45 |
CMP>Value |
Bullish |
Near-term resistance - 95.10/95.50/96.25/97. Near-term support-93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
107.60 |
|
ADX |
Neutral |
|
It is good to buy on dips around 95 with an SL around 94, for a TP of 97.
