Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZDJPY Bears Reload: Sell the Rally as Pullback Stalls Near Key Resistance

 

 

 

NZDJPY showed a minor pullback after a decline of more than 250 pips this week. It hits a low of 91.99 yesterday and is currently trading around 92.56.

 

Technicals

CMP -92.55

Trend

1- Hour chart

Value

 

 

55 EMA

92.71

CMP < value

Bearish

200- EMA

93.22

CMP< value

Bearish

365- EMA

93..05

CMP<Value

Bearish

 

 

Momentum indicator

Inference

Value

CCI(50)

below zero line (bearish)

-57

ADX

Neutral

Strength     43

 

It is good to sell on rallies around 92.78-80 with SL around 93.50 fr a TP of 91.05/90.

 

  • Market Data
Close

Welcome to EconoTimes

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