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AUDJPY trades flat with positive bias. It reached an intraday low of 113.85 and is presently trading close to 113.96.
|
Technicals |
CMP -113.95 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.77 |
CMP>value |
Bullish |
|
200- EMA |
113.63 |
CMP >value |
Bullish |
|
365- EMA |
113.59 |
CMP>value |
Bullish |
Major support- 113/112/111.80/110.
Major resistance- 114/114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
68.70 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.28-30 with SL around 112.40 for a TP of 115.
