NZDJPY gained sharply after breaking significant resistance 93 as the yen lost its shine. It hits an intraday high of 93.86 and is currently trading around 93.67. Intraday trend Is bullish as long as support at 91.80 holds
|
Technicals |
CMP -93.686 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.24 |
CMP> value |
Bullish |
|
200- EMA |
92.85 |
CMP > value |
Bullish |
|
365- EMA |
92.81 |
CMP >value |
Bullish |
|
|
|
|
|
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
78.30 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93 with SL around 91.90 for a TP of 95
