Mtechtips MCX-SX JPYINR INTRADAY trading analysis 11-07-2018 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .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 SELL signal .In last 1 month volatality is very less Buy the JPYINR above 63.21 or buy with strict stop at 61.31. 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 SHORT position.Positionally Support for JPYINR is 62.15-61.95-61.7-61.53-61.37-60.92-59.2-. Immediate resistance for JPYINR is 63.21 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 In short term JPYINR is in strong up trend so hold with stop at 62.329 The JPYINR is now trading is approaching overbought level. The JPYINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 62.605 with a stop at 62.245 Below 62.215 go for sell with a stop at 62.575 WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 11 2018 11:48AM, by MTECHTIPS in Currency| Share This