Mtechtips MCX-SX JPYINR INTRADAY trading analysis 22-06-2018 MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- term .Currently Yen is moving sideways The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the JPYINR if it close above62.95 or buy with strict stop at 60.69. 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 61.26-61.17-60.39-58.98-.Resistance for the JPYINR is 61.88-61.93-62.01- In medium term Yen is relatively strengthening against Dollar- In long term Yen is relatively strengthening against Dollar- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD LONG position JPYINR is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal Intraday Trend- Buy is advised above 61.904 with a stop at 61.357 Below 61.257 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 22 2018 10:47AM, by MTECHTIPS in Currency| Share This