Wednesday, March 29, 2017

JPYINR Intraday Outlook : 30.3.2017

JPYINR Intraday Outlook : 30.3.2017
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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Japanese Yen is trading at 111.27, reversing from the lows of 110.69 in yesterday’s session. US dollar has strengthen against major after the release of upbeat U.S. housing sector data, as investors remained optimistic over the strength of the economy. The same has been reflected in USD/JPY pair. There is no major economic data to be reported from Japan for the day. Expect USD/JPY pair to follow the footprints of US dollar movement.