NZDJPY pared some of its gains on strong yen. It hits an low of 92.75 yesterday and is currently trading around 93.66.
|
Technicals |
CMP -93.96 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
94.52 |
CMP<value |
Bearish |
|
200- EMA |
93.81 |
CMP >value |
Bullish |
|
365- EMA |
93.48 |
CMP>value |
Bullish |
|
92.72 |
CMP>Value |
Bullish |
Near-term resistance - 94.50/95.50/96.25/97. Near-term support- 93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Beairsh |
-270 |
|
ADX |
Bearish |
Strength increased from 23.89 to 25.10 |
It is good to sell on rallies around 94 with SL around 95 for a TP of 90.
