USD/JPY TECHNICAL OUTLOOK:10.11.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
USD/JPY. Pair after opening at104.42 and made HIGH of 105.20 and could not sustain the lower levels of 101 mark and was trading volatile now the pair is trading above 104 mark that will act as a strong support and likely to find resistance near previous swing high of 105.5 mark.
Fundamental Overview
Yen has been on another roller coaster ride and currently trading at 105.30 after making a high of 105.95 in today’s Asian session. Risk on and the dollar rebound led to a sharp selloff in Yen and other safe havens. Yen has faced resistance at 106.00 and is likely to consolidate near 105.00 before markets come to terms with the shock result.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Fundamental Overview
Yen has been on another roller coaster ride and currently trading at 105.30 after making a high of 105.95 in today’s Asian session. Risk on and the dollar rebound led to a sharp selloff in Yen and other safe havens. Yen has faced resistance at 106.00 and is likely to consolidate near 105.00 before markets come to terms with the shock result.