Kshitij Consultancy Services
Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
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Morning Briefing Dollar Yen (109.57) had broken support on daily candles near 110.5 on Wednesday and tested a low near 108.9 yesterday. We had written that there might be some horizontal support near 109 and that seems to have produced a bounce. Dollar Yen might again be pushed down from levels near 110.5. However, if it goes above that level, then it could test resistance on weekly candles near 111.5-112.0 in the next week. We expect Dollar Yen to turn bearish over the medium term in the weeks to come.
Last Updated Open High Low Close
25-May-18 109.20 109.74 109.12 109.45
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