JPY INR weekly Technical analysis for 28 dec to 1 jan 2016

JPY INR weekly Technical analysis for 28 dec to 1 jan 2016
yen rupee future this week closed with loss at 54.76.
jpy inr weekly chart price trend is bullish but
price pattern suggesting correction.
For medium term, jpy inr support zones are 54.2 and 53.1.
On upside expect strong resistance at55.25 and 56.34 levels.
For next week , yen might test 54.2 level
keep sellon rise view for jpy inr future with stop loss
above 55.3 for target 54.2 and 53.1.
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Pramod Baviskar

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