USD/JPY TECHNICAL OUTLOOK : 20.01.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
USD/JPY. Pair after opening at 114.57 made a low of 114.30 and saw the pair holding the levels of 114.30 and bounced in evening near 20dma at 115.24 but there is a strong supports of 113.50of 50DMA at 113.50 until that hold buy on dips shall be utilize in the pair.
Fundamental Overview
Japanese Yen is trading at 114.75. appreciating from above the 115.50 levels that were seen after the
positive US economic data print yesterday. uncertainty about President Trump's policies led to profit booking by traders from higher levels and traders are likely to remain on the sidelines before making big moves. We expect 114.00 to remain support for the USDJPY pair.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Japanese Yen is trading at 114.75. appreciating from above the 115.50 levels that were seen after the
positive US economic data print yesterday. uncertainty about President Trump's policies led to profit booking by traders from higher levels and traders are likely to remain on the sidelines before making big moves. We expect 114.00 to remain support for the USDJPY pair.