sell yen rupee future at 57.08 for positional target 56

nse jpy inr future tips on 17 may 2017

nse jpy inr future tips on 17 may 2017

sell yen rupee future of may expiry aroybd 57.08 with strict stop loss for positional swing taregt 56 rupee.

today we saw gap up opening but on upside yen has strong resistances and expect fresh selling wave on higher levels as well as profit booking. yen rupee pair is in absolute downtrend and hit my given swing target of 57.08 and then hit low near 56.48 while next swing tgt was 56.2.

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Pramod Baviskar

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