JPY INR weekly report for 13 to 17 june 2016

JPY INR weekly report for 13 to 17 june 2016 Yen rupee future this week closed with gain. This was third gaining week for yen and it is heading towards fresh high as I was suggesting from last 2 weeks.   Jpy inr future weekly chart price trend and momentum both are bullish. Yen achieved my first target of 62.5 and sustaining above it so expect 64 as next target for upcoming weeks.   Currency traders above 62.45 keep buying view and keep targets around 63.2 and 64. On downside 62.45 and 62.2 are support zones as well as stoploss levels for long positions.

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Pramod Baviskar

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