Mtechtips MCX-SX JPYINR INTRADAY trading analysis 26-04-2018

Spread the love

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 26-04-2018

MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- term .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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the JPYINR if it close above61.76 or buy with strict stop at 60.41. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing BUY signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 60.59-59.44-58.9-58.3-.Resistance for the JPYINR is 61.36-61.43-61.55- In medium term Yen is relatively strengthening against Euro- Dollar- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD SHORT position JPYINR is in sideways and sellers was at high so for short term better buy above 61.322 or hold with stop at 60.985 The next resistance will be at 61.415 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 61.322 with a stop at 60.928 Below 60.878 go for sell and put stop at 61.272

WWW.MTECHTIPS.COM

07489294118-119