Mtechtips MCX-SX JPYINR INTRADAY trading analysis 12-12-2018 MTECHTIPS:- Yen is weakening 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 BUY signal but has moved past its recent high and the positive trend is still continuing. 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 62.53-62.32-61.87-.Resistance for the JPYINR is 63.82-63.86-64.36-64.64- In medium term Yen is relatively strengthening against Dollar- In long term Yen is relatively strengthening against Euro- Dollar- Pound- 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 63.123 The JPYINR is now trading in highly overbought level. The JPYINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 64.088 with a stop at 63.223 Below 63.014 go for sell with stop at 63.878 WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 12 2018 11:13AM, by MTECHTIPS in Currency| Share This