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JPYINR

18 Sep 2020 ‚óŹ 07:19 AM

JPYINR has been in a trading range for so long that it does not make sense writing about the next big move. The entire pattern is starting to look like a triangle. The falling dollar should at sometime lead to a stronger Yen and so this contract could rise. But longer term USDJPY will later resume its bullish trend. So its is not going to be eash. Right now I can just give you levls. The lower line at 68.80, the moving averages near 69.52, and the top line at 71.40

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