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Mtechtips MCX-SX JPYINR INTRADAY trading
analysis 11-12-2018
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 on BUY Signal and JPYINR is recovering
from oversold level but has moved past its recent high and the positive trend
is still continuing. The JPYINR is now trading in oversold level. The JPYINR is
now trading in oversold level. The oscillator is on BUY Signal and JPYINR is
recovering from oversold level For short term Yen is in HOLD LONG
position.Positionally Support for JPYINR is 62.53-62.32-61.87-.Resistance for
the JPYINR is 63.82-63.86-64.36-64.64- In medium term Yen is relatively
strengthening against Dollar- In long term Yen is relatively strengthening
against Euro- Dollar- Pound- 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 63.123 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 is advised above 64.088 with a stop at 63.223
Below 63.014 go for sell with stop at 63.878
07489294118-119
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