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NZDJPY pared some of its gains. If the 92.60 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -93.64 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.21 |
CMP>value |
Bullish |
|
200- EMA |
92.66 |
CMP >value |
Bullish |
|
365- EMA |
92.54 |
CMP>value |
Bullish |
|
92.67 |
CMP>Value |
Bullish |
Near-term resistance - 94/94.40/95/95.50. Near-term support- 93.20/92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
214.87 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.20-22, with an SL at 92.60, for a TP at 95.
