Monday, November 25, 2019

JPYINR : Technical View : 25.11.2019

JPYINR : Technical View : 25.11.2019

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* During it’s previous session JPYINR has settled with flat note.

* However, On the daily chart, the pair has been facing the resistance of it’s Falling Trendline.

* Moreover, the price has sustained above the 50*200 days EMA’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 sideways bullish move in JPYINR towards 66.23 level.