NZDJPY holds above 94 on board-based New Zealand dollar buying. If the 93.30 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -94.33 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.01 |
CMP>value |
Bullish |
|
200- EMA |
92.80 |
CMP >value |
Bullish |
|
365- EMA |
92.85 |
CMP>value |
Bullish |
|
92.30 |
CMP>Value |
Bullish |
Near-term resistance - 94.60/95/95.50. Near-term support-93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
144.77 |
|
ADX |
Neutral |
Strength increased from 32.53 to 37.87 |
It is good to buy on dips around 93.70-72 with an SL around 93.30, for a TP of 95.



