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Most of its board-based New Zealand dollar selling profits was trimmed by NZDJPY. It reaches an intraday low of 92.81. If the 94.20 resistance holds, intra-day trend is negative.
|
Technicals |
CMP -92.83 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.49 |
CMP<value |
Bearish |
|
200- EMA |
93.39 |
CMP< value |
Bearish |
|
365- EMA |
93.25 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-169 |
|
ADX |
Bearish |
|
It is good to sell on rallies around 93 with SL around 93.50 for a TP of 91.80
