NZDJPY trades higher on a strong New Zealand dollar. If the 94 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -94.88 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.45 |
CMP>value |
Bullish |
|
200- EMA |
92.93 |
CMP >value |
Bullish |
|
365- EMA |
92.92 |
CMP>value |
Bullish |
|
92.33 |
CMP>Value |
Bullish |
Near-term resistance - 94.60/95/95.50/96.25/97. Near-term support-93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
145.93 |
|
ADX |
Bullish |
Strength increased from 33 to 49 |
It is good to buy on dips around 94.48-50 with an SL around 93.50, for a TP of 97


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