NZDJPY found support near 800- 4H EMA and showed a minor pullback. It hit an intraday high of 93.52 and is currently trading around 93.49.
|
Technicals |
CMP -93.48 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
93.35 |
CMP>value |
Bullish |
|
200- EMA |
93.49 |
CMP <value |
Bearish |
|
365- EMA |
93.36 |
CMP<value |
Bearish |
|
92.76 |
CMP>Value |
Bullish |
Near-term resistance - 93.60/94/94.50/95/96. Near-term support- 92.80/92/91.60/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
53.52 |
|
ADX |
Neutral |
|
It is good to buy above 93.60 with SL around 93 for a TP of 95.
