YEN RUPEE weekly Outlook for 18 to 22 Dec. 2017
jpy inr future this week closed at 57.23 with gain.
yen below 56.55 hit bearish target of 56.8 and taken support at same level and now bouncing back towards 57.55.
below 57.55, yen will remain weak and sell for targets 56.8 and below.
from long term view, yen is in downtrend and heading lower towards 56 and 52 rupee levels.