JPY INR weekly technical analysis for 7 to 11 sep 2015

Free yen rupee weekly tips for 7 to 11 sep 2015

nse jpy inr sep future this week closed with gain at 56.03
total 130 paisa or almost 2.5% volatility seen this week
on weekly chart price trend is up for yen is
momentum is strong bullish but technically overbought
for next week jpyinr future support zones are 54.2 and 53
on upside 56.5 and 57.2 are strong resistances
for me upside looks limited as yen already trending higher
in overbought area with eventually result in profit booking.

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Pramod Baviskar

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