NZDJPY is trading flat with neutral bias. If the 92.70 resistance holds, the downtrend appears to be trending toward favorability.
|
Technicals |
CMP -92.21 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.18 |
CMP>value |
Bullish |
|
200- EMA |
92.04 |
CMP >value |
Bullish |
|
365- EMA |
92.21 |
CMP<value |
Bearish |
|
92.62 |
CMP<Value |
Bearish |
Near-term resistance - 92.70/93.25/93.62/94/94.40/95/95.50. Near-term support- 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 92.28-30, with an SL around 93, for a TP of 90.


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