USD/JPY TECHNICAL OUTLOOK : 09.02.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Fundamental Overview
Yen is trading at 112.19, remaining largely unchanged as compared to yesterday. The pair has been trading in the range of 111.50-112.50 for the last few sessions and will continue to do so before the meeting between Japanese PM Abe and Donald Trump tomorrow. We would like to trade the above mentioned range for the day.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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USD/JPY. Pair after opening at 112.31 made low of 111.60 and was trading with some sidewise bias but after making a low below 111.60 bounced but could not surpass the levels of 113.00 so the pair is likely to range bound between levels of 111.50-112.70 levels during the day.Fundamental Overview
Yen is trading at 112.19, remaining largely unchanged as compared to yesterday. The pair has been trading in the range of 111.50-112.50 for the last few sessions and will continue to do so before the meeting between Japanese PM Abe and Donald Trump tomorrow. We would like to trade the above mentioned range for the day.