Mtechtips MCX-SX JPYINR INTRADAY trading analysis 12-09-2019 MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Yen is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. 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.Positionally Support for JPYINR is 65.91-64.81-64.05-63.99-63.97-.Resistance for the JPYINR is 67.56-67.66- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position The JPYINR was in downtrend but yesterday market closed in confusion so book short if any or hold with tight stop at 67.307 If trades and sustain above 66.6975 it is a covering signal The GBPINR is now trading in highly overbought level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 12 2019 11:21AM, by MTECHTIPS in Currency| Share This