Friday, November 15, 2019

JPYINR : Technical View : 15.11.2019

JPYINR : Technical View : 15.11.2019


* During it’s Thursday session JPYINR closed positively with a
gain 0.18%

*On the daily chart, the pair has sustained above it’s falling
trendline.

*Moreover, the pair is trading above it’s 50EMA and 200EMA

* Additionally, a momentum indicator RSI (14) has sustained
above it’s 50 level.

* So based on the above technical structure, we expect bullish
move in JPYINR towards 66.55 level.