NZDJPY gained sharply on board-based New Zealand dollar buying. It hit an intraday high of 94.17 and is currently trading around 94.18.
|
Technicals |
CMP -94.18 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.44 |
CMP>value |
Bullish |
|
200- EMA |
93.50 |
CMP >value |
Bullish |
|
365- EMA |
93.37\ |
CMP>value |
Bullish |
|
92.76 |
CMP>Value |
Bullish |
Near-term resistance - 94.50/95.50/96.25/97. Near-term support- 93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
139.64 |
|
ADX |
Bearish |
Strength increased from 16.23 to 19 |
It is good to buy on dips around 94 with SL around 93 for a TP of 96.25.
