USD/JPY TECHNICAL OUTLOOK : 12.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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USD/JPY. Pair after opening at 102.37 and made a high of 103.06 and was seen buying pressure from the downward levels the trend line marked in the report few days back, the pair is having a key support at 100- 99.50 in the near term and is likely to hold that for the near term and intraday dips utilized to buy the pair
Fundamental Overview
Yen is trading at 102.52, after testing 103.00 in Friday’s trade. Rebound in the US dollar continued to
pressure the Yen, despite positive data being reported from Japan. There are no major events till the FOMC meeting to ascertain the trend in dollar-yen. Range bound trade can be expected today
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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USD/JPY. Pair after opening at 102.37 and made a high of 103.06 and was seen buying pressure from the downward levels the trend line marked in the report few days back, the pair is having a key support at 100- 99.50 in the near term and is likely to hold that for the near term and intraday dips utilized to buy the pair
Fundamental Overview
Yen is trading at 102.52, after testing 103.00 in Friday’s trade. Rebound in the US dollar continued to
pressure the Yen, despite positive data being reported from Japan. There are no major events till the FOMC meeting to ascertain the trend in dollar-yen. Range bound trade can be expected today