JPYINR : Technical View : 18.11.2019
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* During it’s Friday session JPYINR erased it’s day gained and
slipped 0.30%.
* On the daily chart, the pair has sustained above it’s falling
trendline.
* Moreover, On the daily chart the pair is trading above it’s
50 & 200 Days’ SMA.
* 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 66.30 level.
slipped 0.30%.
* On the daily chart, the pair has sustained above it’s falling
trendline.
* Moreover, On the daily chart the pair is trading above it’s
50 & 200 Days’ SMA.
* 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 66.30 level.