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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.
