USD/JPY TECHNICAL OUTLOOK : 29.12.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
USD/JPY. Pair after opening at 117.43 and made high of 117.81 and saw side wise action but after the negative data reported yesterday the pair reversed and trading below the 117 mark so the pair has started a correction in the ongoing trend likely to face resistance at higher levels for coming days.
Fundamental Overview
Yen is trading at 116.70 the pair took the resistance 117.80 and reversed after negative home sales data reported yesterday from US. it was trading in a narrow range for many days and yesterdays broke the range on down side expect some more correction in the pair for the near term.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Fundamental Overview
Yen is trading at 116.70 the pair took the resistance 117.80 and reversed after negative home sales data reported yesterday from US. it was trading in a narrow range for many days and yesterdays broke the range on down side expect some more correction in the pair for the near term.