NSE JPY INR future monthly technical analysis for april 2016
NSE yen rupee future last closing price was 59.22. On chart, price trend and momentum both are weak for yen. So expect downside in April series. 59.65 is strong upside top resistance and below ittraders can keep sell on rise view. My targets are at 58.1 and 57. In last series, yen hit low of 58.5 while heading towards my target 56. Weekly closing above 59.65 with price and volume means reversal. In that scenario upside resistances as well as targets will be 60.7 and 62.2.