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Following Trump's cancellation of Iran's attack, AUDJPY shot over 112.50. Yesterday it fell as low as 112.03 and now it is trading near 112.75.
|
Technicals |
CMP -112.70 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.19 |
CMP<value |
Bearish |
|
200- EMA |
113.37 |
CMP <value |
Bearish |
|
365- EMA |
112.66 |
CMP>value |
Bullish |
Major support- 112/111.80/110.
Major resistance- 113.20/113.56/114/115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-54.52 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.58-60 with SL around 113.20 for a TP of 110.50.
