Mtechtips MCX-SX JPYINR INTRADAY trading analysis 11-10-2017

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 11-10-2017
MTECHTIPS:- The Yen is strengthening against Indian Rupee in long- short- 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 Buy the JPYINR above 58.97 or buy with strict stop at 57.15. 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 SHORT position.Positionally Support for JPYINR is 58.04-57.91-57.89-57.82-.Resistance for the JPYINR is 58.55-58.56-58.62- In medium term Yen is relatively strengthening against Euro- Dollar- Pound- In long term Yen is relatively strengthening against Euro- Pound- Short term and Intraday Level of Yen with RupeeCurrently JPYINR is in HOLD SHORT position JPYINR is moving sideways with low volatality so short term investor better to buy if close above 58.34 close below 57.94 sell will happen. The oscillator is showing BUY signal Intraday Trend-Intraday better to buy above 58.587 and Sell if below57.994
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