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Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
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Morning Briefing Nikkei (19235.13, +0.67%) has bounced back from support at 19000 and could now move higher towards 19400. Clear contraction is visible on the 3-day candles and while that may continue for some more sessions, we should be ready to see a sharp break out on either side. This could provide some cues for direction in Dollar-Yen for the near term.
Dollar-Yen (112.56), could be trading within the 113.50-112.00 region in the next 2-sessions. Clear contraction in Nikkei could possibly keep the Dollar-Yen ranged for some more time before a sharp movement on either side is seen. We need to keep a close watch on Nikkei.
Last Updated Open High Low Close
28-Feb-17 112.68 112.82 112.25 112.38
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