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Daily Forex Market News By EpicResearch 17-Feb-2014
JPY/INR DAILY CANDLESTICK CHART
S2 – 60.6208
S1 – 60.8092
PIVOT – 61.1383
R1 – 61.3267
R2 – 61.6558
JPY/INR (NSE/MCX-SX) has closed @ 60.9975. If JPY/INR breaks the level of @ 60.84 then it can touch the level of @ 60.71 and @ 60.57 respectively.
NEAR TERM OUTLOOK FOR YEN:
JPY / INR Feb. futures contract (NSE) View : Bearish on JPY
Sell below 60.84 market Lot: JPY 1000
Target : 60.71 / 60.57 STOP LOSS :61.13
Support: S1/ S2 : 60.8092 / 60.6208 Resistance : R1/R2 : 61.3267 / 61.6558
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