NZDJPY trades flat with negative bias. It reached an intraday low of 92.49 and is currently trading near 92.80. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.44 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.20 |
CMP>value |
Bullish |
|
200- EMA |
93.18 |
CMP >value |
Bullish |
|
365- EMA |
93.212 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.45/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
98.15 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93 with SL around 92.48 for a TP of 95.
