yen rupee future report 5 may 2016

yen rupee future report 5 may 2016

NSE yen rupee future of May expiry on 4th may 2016 closed at 62.61.

 

Yen rupee future after making high of 63.1 seen strong profit booking.

 

Though above 61.2 outlook remain strong for yen.

 

For 5th may 2016, jpyinr future intraday support zones are 62.5 and 62.18.

 

On upside 62.86 and 63.2 are resistances as well as target zones.

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