Yen was broadly offered as equities recovered .Looking ahead for Core Machinery orders and Machine Tool Orders.
TECH VIEW:
Yen chart pattern indicates the currency to be on bull note for the day. With the trading range expected between 106.00-107.50 . Support for the currency is seen at 105.80 levels and Key resistance is seen at 107.80 levels .Stochastic gives an indication for the currency to be on a bull note and it is supported by MACD. Pivot Analysis is helping the currency to stay in green.
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