USDJPY Price Approaches a Potential Bullish Reversal Level - Swastika Investmart
News in headline:
* USDJPY Price Approaches a Potential Bullish Reversal Level
* Dollar Weakens as Treasury Yields Retreat Once More
* Vaccine hopes boost euro; dollar dips amid subdued U.S. yields
Chart of the day:
.
The day trend in JPYINR is facing minor resistance on daily chart which indicates sideways move so if it manages to sustain above the yesterdays high then one can go long in it.
Technical View:
* The mixed to upside move can be seen in currency but may face resistance.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory