Yen rupee april future : 59.65 remain top resistance tgts 58.1 and 57

NSE JPY INR future monthly technical analysis for april 2016

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 it currency traders 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.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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