Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-03-2019 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 SELL signal and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. 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 SELL position.Positionally Immediate support for JPYINR is 62.05.Resistance for the JPYINR is 63.59-63.71-64-64.25-64.47-64.59-64.7- In medium term Yen is relatively strengthening against Euro- Dollar- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position JPYINR has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below61.866 Buy if above 63.3725 The JPYINR is now trading is approaching oversold level. The JPYINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 62.735 with a stop at 62.016 Below 61.866 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Mar 15 2019 10:40AM, by MTECHTIPS in Currency| Share This