yen rupee future weekly : below 59.5 stay short tgt 58.5-57.5

jpy inr future weekly technical analysis for 28 march to 1 april 2016

jpy inr future weekly technical analysis for 28 march to 1 april 2016

Yen rupee future this week closed with loss. Yen is now showing weakness on profit booking as well as stronger rupee. Closing below 59 will confirm correction phase.   For next week, outlook is weak for yen and strategy will remain sell on rise. Below 59.5 keep short view on jpy inr future with target 58.5 and then 57.5.

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