NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
Following a short-term top near 94.18, NZDJPY trading flattens. It touched its intraday low of 93.19 at its present price of 93.41. Intraday trend is good if the 91.80 support stays whole. Technicals CMP -93.78 Trend 1- …
Following a short-term top near 94.18, NZDJPY trading flattens. It touched its intraday low of 93.19 at its present price of 93.41. Intraday trend is good if the 91.80 support stays whole.
Technicals
CMP -93.78
Trend
1- Hour chart
Value
55 EMA
93.76
CMP >value
Bullish
200- EMA
93.41
CMP >value
Bullish
365- EMA
93.24
CMP> value
Bullish
Momentum indicator
Inference
Value
CCI(50)
Bearish
-13
ADX
Neutral
It is good to buy on dips around 93 with SL around 92.45 for a TP of 94.
