Mtechtips MCX-SX JPYINR INTRADAY trading
analysis 23-08-2016
MTECHTIPS Yen slipped against the dollar for a second straight
session Monday after comments from San Francisco Fed President, John William
and Fed Vice Chairperson, Stanley Fisher over the weekend raised bets for a
rate hike in near term.After hitting a low of 66.62, JPYINR saw a pullback and
tested 66.8950 before closing at 66.85 levels.
On the EOD chart pair yet trading above its medium term trend line
support which is creating probability for the upside move towards
67.50-67.75.Buy above 67.10 Target 67.45-67.80. Stop loss below 66.95.
WWW.MTECHTIPS.COM
07489294118-119
No comments:
Post a Comment