JPYINR : Technical View : 22.11.2019
Join Whatsapp 9841986753
Whatsapp Number : 91-9094047040 / 91-9841986753
* During it’s previous session JPYINR has settled with negative note and slipped 0.22%.
* Moreover, On the daily chart, the pair has been facing the resistance of it’s Falling Trendline.
* However, the price has sustained above the 50*200 days SMA’s, which may support the price.
* Additionally, a momentum indicator RSI(14) has been moving at indecisive level.
* So based on the above technical structure, we expect bearish move in JPYINR towards 65.92 level.
* Moreover, On the daily chart, the pair has been facing the resistance of it’s Falling Trendline.
* However, the price has sustained above the 50*200 days SMA’s, which may support the price.
* Additionally, a momentum indicator RSI(14) has been moving at indecisive level.
* So based on the above technical structure, we expect bearish move in JPYINR towards 65.92 level.