Mtechtips MCX-SX JPYINR INTRADAY trading analysis 20-05-2019
Mtechtips MCX-SX JPYINR INTRADAY trading analysis 20-05-2019
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 above64.99 or buy with strict stop at 62.19. 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 63.65-63.6-63.41-63.28-63.2-63.05-62.84-. Immediate resistance for JPYINR is 64.99 In long term Yen is relatively strengthening against Dollar- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position JPYINR is moving sideways so short term investor better to buy only above 64.73 or hold with stop at 64.05 The JPYINR is now trading is approaching overbought level. The JPYINR is now trading is approaching overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 64.599 with a stop at 63.792 Below 63.613 go for sell
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