EUR/USD TECHNICAL OUTLOOK : 29.12.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
EUR/USD. Pair after opening at 1.0458 Made a high of 1.0480 and struggled to get pass 1.0480 mark and saw the pair taking resistance and reversed and continued its lower top and bottom after trading with side wise near the 1.0450 mark for many days ,so sell at every rise in the pair until the pair closes above 1.05 levels.
Fundamental Overview
Euro is trading at 1.0435, remaining close to the 1.0450 after a fall from yesterday highs of 1.0480 handle for the last two sessions. There is no data from the EU and Germany for the entire week likely to consolidate but 1.05 is strong supply zone still the shared currency looks weak going ahead.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Euro is trading at 1.0435, remaining close to the 1.0450 after a fall from yesterday highs of 1.0480 handle for the last two sessions. There is no data from the EU and Germany for the entire week likely to consolidate but 1.05 is strong supply zone still the shared currency looks weak going ahead.