Jan 22 2019

JPYINR Trade Idea

JPYINR:-On the hourly chart, the pair is trading in a downtrend channel and at present it is trading close to its resistance zone. Momentum indicators are also reached their overbought territories – an indication of prices to reverse their direction.

Our Preference:- Sell at 0.6526

Target- 0.6500

Stop loss- 0.6536