Mtechtips MCX-SX JPYINR INTRADAY trading analysis 10-04-2017
Mtechtips MCX-SX JPYINR INTRADAY trading analysis 10-04-2017
MTECHTIPS:- Yen is weakening 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 Buy the JPYINR above 59.39 or buy with strict stop at 57.51. 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 Immediate support for JPYINR is 57.51.Resistance for the JPYINR is 58.69-58.74-58.91-59.11-59.23-59.61-62.52-
In medium term Yen is relatively strengthening against Euro-
Short term and Intraday Level of Yen with Rupee
Currently JPYINR is in HOLD LONG position JPYINR is in profit booking mode so better sell and enter at lower level The oscillator is showing BUY signal
Intraday Trend- Sell if open below 58.014 with stop loss at 58.487 or sell below 57.884Buy is not advised till it cross 58.617
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