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Over the past three days, NZDJPY has traded in a tight range between 92.66 and 93.34. Trading at 93.17 right now, it peaked at 93.25 during the day. As long as the 91.80 support holds, the intraday trend is positive.
|
Technicals |
CMP -93.14 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.05 |
CMP >value |
Bullish |
|
200- EMA |
93.07 |
CMP >value |
Bullish |
|
365- EMA |
93.01 |
CMP> value |
Bullish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
70.12 |
|
ADX |
Neutral |
|
It is good to buy on dips around 92.48-50 with SL around 91.80 for a TP of 94.
