Mtechtips MCX-SX JPYINR INTRADAY trading analysis 20-02-2018 MTECHTIPS:- Yen is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The JPYINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for JPYINR is 59.06-58.78-58.2-57.67-57.52-57.47-57.42-. Immediate resistance for JPYINR is 60.82 In medium term Yen is relatively strengthening against Euro- Pound- In long term Yen is relatively strengthening against Euro- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD LONG position In short term JPYINR is in strong up trend so hold with stop at 60.113 The JPYINR is now trading in highly overbought level. The JPYINR is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 61.002 with a stop at 60.309 Below 60.159 go for sell with a stop at 60.851 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 20 2018 11:05AM, by MTECHTIPS in Currency| Share This