Mtechtips MCX-SX JPYINR INTRADAY trading analysis 05-09-2018

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Mtechtips MCX-SX JPYINR INTRADAY trading analysis 05-09-2018

MTECHTIPS:- Yen is Strongly strengthening against Indian Rupee .Currently Yen is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 63.4-63.15-62.55-62.1-61.9-61.68-59.89-. Immediate resistance for JPYINR is 65.62 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 In short term JPYINR is in strong up trend so hold with stop at 64.225 The JPYINR is now trading in highly overbought level. The JPYINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy if above 64.94 with a stop at 64.411 Sell below 64.281 or sell if open below 64.411

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