Mtechtips MCX-SX JPYINR INTRADAY trading analysis 23-08-2019 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 . Cautious point is buying at higer levels seems decreasing. 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 HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for JPYINR is 66.82-65.99-65.13-64.24-63.93-63.82-63.67-. Immediate resistance for JPYINR is 67.92 Short term and Intraday Level of Yen with Rupee JPYINR closed above 1 week high with volume signals up breakoutCurrently JPYINR is in HOLD LONG position JPYINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 68.006 with stop at 66.945 The EURINR is now trading in oversold level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 23 2019 10:29AM, by MTECHTIPS in Currency| Share This