AUDJPY fell off somewhat after the pair was unable to keep over 113. It hit an intraday low of 112.36 and is currently trading near 112.40.
|
Technicals |
CMP -112.40 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.52 |
CMP<value |
Bearish |
|
200- EMA |
113.47 |
CMP <value |
Bearish |
|
365- EMA |
112.67 |
CMP<value |
Bearish |
Major support- 112/111.80/110.
Major resistance- 113.20/113.56/114/115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-136.89 |
|
ADX |
Bearish |
Strength increased from 28.19 to 44.32 |
It is good to sell on rallies around 112.58-60 with SL around 113.20 for a TP of 110.50.


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