AUDJPY gained above 112.50 as Australian dollar gained momentum. It hits an intraday high of of 112.714 and is now trading close to 112.644.
|
Technicals |
CMP -112.65 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
112.46 |
CMP>value |
Bullish |
|
200- EMA |
112.37 |
CMP >alue |
Bullish |
|
365- EMA |
112.38 |
CMP>value |
Bullish |
|
800-H EMA |
112.60 |
CMP>value |
Bullish |
Major support-111.50/ 110.80/110.
Major resistance- 112.75/113/113.56/114/115/116.25/117.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
192 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 112.-78-80, with an SL around 113.40, for a TP of 111.30


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