Dollar Yen attempted to break the contracting sideways movement that started in Apr'15 by testing 112 in Feb'20. In the current report we observe the recent sharp movements in different factors like Dollar Index, Gold, Nikkei etc brought in by the news of outbreak and spread of Coronavirus.We further analyse the resultant impact on Dollar Yen and whether there is scope for Dollar Yen to see an immediate break from the sideways consolidation.
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June'20 Monthly Forecast
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