Mtechtips MCX-SX JPYINR INTRADAY trading analysis 11-01-2019 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is moving sideways The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the JPYINR if it close above66.43 or buy with strict stop at 0. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 64.31-64.03-63.81-63.69-63.63-63.44-62.45-. Immediate resistance for JPYINR is 66.43 In long term Yen is relatively strengthening against Dollar- Short term and Intraday Level of Yen with Rupee JPYINR is moving sideways so short term investor better to buy only above 65.4925 with stop at 64.3675 The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 65.801 with a stop at 65 Below 64.82 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jan 11 2019 11:03AM, by MTECHTIPS in Currency| Share This