NZDJPY hits 4-month high on board-based New Zealand dollar buying. If the 93.30 support holds, the uptrend appears to be trending toward favorability.
|
Technicals |
CMP -94.06 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.49 |
CMP>value |
Bullish |
|
200- EMA |
92.88 |
CMP >value |
Bullish |
|
365- EMA |
92.67 |
CMP>value |
Bullish |
|
92.75 |
CMP>Value |
Bullish |
Near-term resistance - 94.20/94.40/95/95.50. Near-term support-93.50/93/ 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
163 |
|
ADX |
Neutral |
|
It is good to buy on dips around 92.48.50 with an SL around 91.80, for a TP of 95.


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