Mtechtips MCX-SX JPYINR INTRADAY trading analysis 22-02-2018 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is in strong uptrend and the trend is supported with good volume 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 The current position is BUY .Positionally Support for JPYINR is 59.43-59.09-58.45-57.68-57.58-57.57-57.51-. Immediate resistance for JPYINR is 60.82 In medium term Yen is relatively strengthening against 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 JPYINR is in profit booking mode so hold with stop at 60.318 The JPYINR is now trading in highly overbought level. The JPYINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 60.611 with a stop at 60.06 Below 59.95 go for sell and put stop at 60.501 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 22 2018 10:50AM, by MTECHTIPS in Currency| Share This