December 6, 2016

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 04-08-2016
MTECHTIPS Yen traded up Wednesday on profit taking after sharp fall witnessed following disappointing first tranche of 28 trillion yen fiscal stimulus by the Japanese government. JPYINR continued its bullish trend and settled with a gain of 0.98% at 66.4625 levels. A long bullish candle stick formation and break out of massive resistance 65.60 on EOD chart is indicating for bullishness in the pair, but pair would need to trade above 66.60 in order to test 67.00-67.50. On the downside, support is 66.20 sustain trade below will expect to retraced towards 65.80-65.60.
WWW.MTECHTIPS.COM
07489294118-119

mtech_tips1

Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.