Mtechtips MCX-SX JPYINR INTRADAY trading analysis 23-01-2017
Mtechtips MCX-SX JPYINR INTRADAY trading analysis 23-01-2017
MTECHTIPS The Yen Rupee Future This Week Closed At 59.18 With Loss. Yen After Breakout Given Strong Rally Up To 60.3 But That Was Only Technical Bounce Back And After That As Expected We Saw Profit Booking And Downside For Yen. For Next Week, 58.95 Is Major Support Zone And If Yen Slides Below It Then Expect Deep Downside Up To 57. But Reversal From 58.95 Will Be Buying Opportunity For Target Of 60.6. Yen Long Term View Remain Bearish And Expect Record Low Levels In 2017.
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