NZDJPY gained sharply as New Zealand dollar gains momentum.and dollar loses momentum. If the 93.40 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -94.40 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.69 |
CMP>value |
Bullish |
|
200- EMA |
93.58 |
CMP >value |
Bullish |
|
365- EMA |
93.43 |
CMP>value |
Bullish |
|
92.83 |
CMP>Value |
Bullish |
Near-term resistance - 94.50/95/95.50/96.25/97. Near-term support- 93.70/93.30/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
176.78 |
|
ADX |
Bullish |
Strength increased 16.73 to 18.81 |
It is good to buy on dips around 94 with an SL around 93.40, for a TP of 97.


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