NZDJPY pared some of its gains as the yen gained momentum. It hits an intraday low of 92.25 and is currently trading around 92.44. Intraday trend is weak as long resistance 93 resistance holds.
|
Technicals |
CMP -92.45 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.48 |
CMP> value |
Bearish |
|
200- EMA |
92.64 |
CMP < value |
Bearish |
|
365- EMA |
92.73 |
CMP <value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
-30.80 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 92.78-80 with SL around 93.50 for a TP of 91.05/90.


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