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AUDJPY gained nearly 200 pips on board-based yen weakness. At 109.76, it reached an intraday high; it is now trading at about 109.61.
|
Technicals |
CMP -109.62 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
108.86 |
CMP> value |
Bullish |
|
200- EMA |
108.77 |
CMP >value |
Bullish |
|
365- EMA |
108.55 |
CMP < value |
Bullish |
Major support- 109.20/108.80/108/107.65/106.85/106.
Major resistance- 109.25/109.60/110/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
52.50 |
|
ADX |
Neutral |
|
It is good to buy on dips around 109, with an SL of 18, for a TP of 111.64/112.
