Mtechtips MCX-SX JPYINR INTRADAY trading analysis 12-04-2019 MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is in uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 SHORT position.Positionally Immediate support for JPYINR is 61.75.Resistance for the JPYINR is 62.65-62.79-63.22-63.66-64.11-64.2-64.25- In medium term Yen is relatively strengthening against Dollar- Pound- In long term Yen is relatively strengthening against Pound- Short term and Intraday Level of Yen with Rupee Last few days JPYINR is moving down The JPYINR is not giving any clear signal So buy only if close above and sell below The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on Apr 12 2019 10:56AM, by MTECHTIPS in Currency| Share This