Mtechtips MCX-SX JPYINR INTRADAY trading analysis 12-07-2018 MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- short-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 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 61.69-61.55-61.38-60.96-59.21-.Resistance for the JPYINR is 62.48-62.63- 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 SHORT 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 62.415 with a stop at 61.946 Below 61.866 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 12 2018 10:55AM, by MTECHTIPS in Currency| Share This