For the previous two days, NZDJPY has been trading in a tight range of 91.96 to 93.31. At its present price of 92.70, it came close to its intraday high of 92.84. The trend is upward right now if the 91.80 support holds.
|
Technicals |
CMP -92.694 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.73 |
CMP<value |
Bearish |
|
200- EMA |
92.91 |
CMP <value |
Bearish |
|
365- EMA |
92.99 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
-20.57 |
|
ADX |
Neutral |
|
It is good to buy on dips around 92.48-50 with SL around 91.80 for a TP of 94.18.


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