Mtechtips MCX-SX YEN JPYINR INTRADAY trading analysis 21-06-2019 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing BUY signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 63.89-63.71-63.63-63.58-63.46-63.45-62.95-. Immediate resistance for JPYINR is 64.68 In long term Yen is relatively strengthening against Dollar- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position The JPYINR is not giving any clear signal So buy only if close above64.42 and sell below 64.145 The JPYINR is now trading is approaching overbought level. The GBPINR is now trading is approaching oversold level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 21 2019 10:29AM, by MTECHTIPS in Currency| Share This