Over the past two days, NZDJPY has traded in a tight range between 92.60 and 93.30. At its present price of 93.13, it came almost to its intraday low of 93.02. The intraday trend is negative if the 94.20 resistance stays unchanged.
|
Technicals |
CMP -93.12 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.05 |
CMP <value |
Bullish |
|
200- EMA |
93.15 |
CMP <value |
Bearish |
|
365- EMA |
93.14 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
40.68 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.18-20 with SL around 94.18 for a TP of 90.85/90.
