Mtechtips MCX-SX JPYINR INTRADAY trading analysis 10-01-2019
MTECHTIPS:- Yen is Strongly strengthening 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 .In last 1 month volatality is very less and fresh Buy can be considered in the JPYINR if it close above66.43 or buy with strict stop at 0. 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 64.15-64.03-63.66-63.65-63.63-63.31-62.42-. Immediate resistance for JPYINR is 66.43 In long term Yen is relatively strengthening against Dollar- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position JPYINR is in down trend so buy above 64.815 The sell will again come if below 64.3675 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 65.01 with a stop at 64.69 Below 64.66 go for sell
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