Mtechtips MCX-SX JPYINR INTRADAY trading analysis 23-05-2018

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 23-05-2018 MTECHTIPS:- Yen is strengthening against Indian Rupee in long- term .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 SELL signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 60.3-59.41-58.55-.Resistance for the JPYINR is 61.59-61.71-61.86- In medium term Yen is relatively strengthening against Euro- Dollar- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position The JPYINR is in downtrend For short term buy only if close above 61.418 The JPYINR is now trading in highly oversold level. The JPYINR is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 61.533 with a stop at 61.167 Below 61.128 go for sell and put stop at 61.493 WWW.MTECHTIPS.COM 07489294118-119
Published on May 23 2018 10:37AM, by MTECHTIPS in Currency| Share This




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