Mtechtips MCX-SX JPYINR INTRADAY trading analysis 02-08-2018

Spread the love

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 02-08-2018

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 BUY signal and has moved down its previous low. 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 59.4-.Resistance for the JPYINR is 61.79-61.89-61.92-61.97-62.09-62.18- In medium term Yen is relatively strengthening against Euro- Dollar- Pound- In long term Yen is relatively strengthening against Dollar- Short term and Intraday Level of Yen with Rupee Currently JPYINR is in HOLD LONG position JPYINR is moving sideways so short term investor better to buy only above 62.2 or hold with stop at 61.5225 The JPYINR is now trading in highly oversold level. The JPYINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 61.823 with a stop at 61.317 Below 61.227 go for sell

WWW.MTECHTIPS.COM

07489294118-119