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Mtechtips MCX-SX JPYINR INTRADAY trading analysis 01-10-2015

 

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 01-10-2015

Mtechtips yen rupee oct future today closed at 54.71 with loss. jpyinr 1 weeks trend channel is down and 1 month trend channel is down. daily chart RSI is at 47 with fresh sell signal. for tomorrow, jpy inr support zones are 54.5 and 54.3. on upside, jpy inr resistance zones are 55.4 and 55.6. jpy inr future is heading towards 54 levels on upside 55 is trailing stop loss level. if equity markets sees rally expect yen to drop up to 52 levels.

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