JPY INR
- As per previous report published by us on JPYINR, currency gave a bullish move after breaking its 50% fibonacci retracement resistance. (Click here to see previous report published by us on JPYINR).
- Daily chart indicates JPYINR has made a bullish breakout a currency has formed ascending triangle formation in daily chart. as long as JPYINR holds above it will favor bulls.
- Suggested Reading - USDINR closed above golden ratio this will favor bulls.
- Chart indicates currency has now closes above its 50% fibonacci retracement and now going to test its golden ratio resistance. Further buying expecting once JPYINR closes above its golden ratio.
- JPYINR is now trading above 200 days moving average resitance this indicates as long as JPYINR holds above it will favor bulls. Currency major indicator MACD is now trading in positive zone this will favor bulls.
- Click here to see all the forecast (trading tips) reports published by us on JPYINR.
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