NZDJPY pared some of its gains due to profit booking. If the 92.80 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -93.80 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.57 |
CMP<value |
Bearish |
|
200- EMA |
93.53 |
CMP <value |
Bearish |
|
365- EMA |
93.40 |
CMP>value |
Bullish |
|
92.78 |
CMP>Value |
Bullish |
Near-term resistance - 94.50/95/95.50/96.25/97. Near-term support- 93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
108.18 |
|
ADX |
Neutral |
|
It is good to Sell on rallies around 94.58-60 with an SL around 95.20, for a TP of 93.30.


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