Mtechtips MCX-SX JPYINR INTRADAY trading analysis 22-05-2019 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 on SELL signal and JPYINR is coming down from overbought level and has moved down its previous low. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is on SELL signal and JPYINR is coming down from overbought level For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 63.04-62.87-.Resistance for the JPYINR is 63.78-63.8-63.92-64.16-64.17- In long term Yen is relatively strengthening against Dollar- Pound- 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 63.867 or hold with stop at 63.1525 The next resistance will be at 64.73 The oscillator is showing SELL signal Intraday Trend- Buy above 63.867 and keep stop below 63.084 Target is 64.128 next 64.559 Below 62.824 trend reversal can occur and next level is 62.395 WWW.MTECHTIPS.COM 07489294118-119
Published on May 22 2019 11:08AM, by MTECHTIPS in Currency| Share This