Mtechtips MCX-SX JPYINR INTRADAY trading analysis 18-09-2019
Mtechtips MCX-SX JPYINR INTRADAY trading analysis 18-09-2019
MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- term .Currently Yen is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower 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 SHORT position.Positionally Support for JPYINR is 64.87-64.06-64.01-64-.Resistance for the JPYINR is 66.53-67.49-67.55-Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position The JPYINR is in downtrend For short term buy only if close above 66.594 The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal
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