Mtechtips MCX-SX JPYINR INTRADAY trading analysis 19-09-2018 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The JPYINR is now trading in oversold level. The GBPINR 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 64.67-64.2-63.54-62.6-62.25-61.95-60.18-. Immediate resistance for JPYINR is 65.89 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 sideways so for short term better buy above 65.535 with stop at 64.3625 The oscillator is showing SELL signal Intraday Trend- Buy above 65.391 and keep stop below 64.91 Target is 65.511 next 65.701 Below 64.79 trend reversal can occur and next level is 64.601 WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 21 2018 10:35AM, by MTECHTIPS in Currency| Share This