Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-01-2019 MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is moving sideways The JPYINR is now trading in oversold level. The GBPINR 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 above66.43 or buy with strict stop at 0. The JPYINR is now trading in oversold level. The GBPINR 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 64.47-64.04-64-63.72-63.63-63.55-62.48-. Immediate resistance for JPYINR is 66.43 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 65.151 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 65.541 with a stop at 65.129 Below 65.08 go for sell with stop at 65.491 WWW.MTECHTIPS.COM 07489294118-119
Published on Jan 15 2019 11:13AM, by MTECHTIPS in Currency| Share This