Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Buy the Dip at 110 – AUDJPY Locked & Loaded for 112

AUDJPY maintains above 110 as yen loses its lustre. It reached an intraday high of 110.43 and is now trading at about 110.16.

 

Technicals

CMP -110.16

Trend

1- Hour chart

Value

 

 

55 EMA

109.34

CMP< value

Bearish

200- EMA

109.08

CMP >value

Bullish

365- EMA

108.82

CMP < value

Bullish

 

Major support- 108.80/108.50/107.65/106.85/106.

Major resistance-  110.30/110.78/111.64/112.

 

Momentum indicator

Inference

Value

CCI(50)

Above zero line (bullish)

40.86

ADX

Neutral

Strength increased from 15 to 16.38

 

 

It is good to buy on dips around 110 with SL around 109 for a TP of 112.

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.