JPYINR was taking a Support at 50-EMA through this rally that began In January, On Friday the pair closed below 50-EMA which is the sign that it is ready to give up some of it's gain & may fall back to is's support around 0.59
JPYINR is in strong uptrend in daily charts. Buy only above 0.620 with Stop-loss of 0.590 and Target 1 at 0.636, Target2 at 0.657 and Target 3 at 0.69
This analysis is posted on special request. Any trading done has to be considered only after taking advise from Financial Advisor.
JPY INR, open at 58.13, spot 58.12, , now market is moving in no trade zone 58.10-16, if market breaks 58.10, the expected to go lower, and if market holds above 58.16-18, then go higher up to 58.30-32-36