JPYINR has gained by 0.35% during the last trading session of the week.
On the daily timeframe, pair has been consolidating near the upper Bollinger band formation and showing further bearishness from last three trading sessions.
Overall, pair has sustained above its major resistance of 66.30 level, which indicates continue strength in the prices.
A momentum indicator RSI has shifted into overbought zone and MACD has indicated positive crossover.
So based on the above technical structure, we expect bullish move in JPYINR future towards 67.45 level.
Post a Comment