Mtechtips MCX-SX JPYINR INTRADAY trading analysis 30-01-2019
Mtechtips MCX-SX JPYINR INTRADAY trading analysis 30-01-2019
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 on SELL signal and JPYINR is coming down from overbought level but has moved past its recent high. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is on SELL signal and JPYINR is coming down from overbought level For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 65.01-64.9-64.29-64.09-64.03-63.61-62.7-. Immediate resistance for JPYINR is 65.61 Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD LONG position The JPYINR is not giving any clear signal So buy only if close above65.3475 and sell below 64.84 The oscillator is showing BUY signal Intraday Trend-The JPYINR closed in a confusion manner So buy for intraday only above 65.671 with a stop at 65.129 If opens below 65.129 or trade below 65.03 be cautious or go for sell with stop at 65.571
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