NZDJPY is consolidating after a minor pullback. It hit an intraday low of 93.13 and is currently trading around 93.43.
|
Technicals |
CMP -93.438 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
93.39 |
CMP>value |
Bullish |
|
200- EMA |
93.31 |
CMP >value |
Bullish |
|
365- EMA |
93.36 |
CMP>value |
Bullish |
|
92.73 |
CMP>Value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.80/92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
77.99 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93 with SL around 92 for a TP of 95.


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