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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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01-JAN-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Dollar pushes lower on year-end profit-taking.
Forex-Greenback edges lower against loonie in early trade.
Forex-USD/JPY drops on year-end profit-taking.
USD-JPY
USD/JPY hit 119.19 during European early afternoon trade, the pair's lowest since December 19; the pair
subsequently consolidated at 119.51, retreating 0.94%.The dollar remained broadly supported after final data last
week showed that U.S. gross domestic product rose 5.0% in the third quarter, exceeding expectations for a growth
rate of 4.3% and up from 3.9% in the three months to June.The strong data fuelled further optimism over the
strength of the U.S. economic recovery and added to expectations for the Federal Reserve to raise interest rates
next year.Separately, markets were jittery after Greek Prime Minister Antonis Samaras said on Monday that he
will recommend parliamentary elections are held on January 25, almost 18 months before his coalition's term was
due to end.
EUR/USD
EUR/USD edged up 0.11% to 1.2168, off two-year lows of 1.2124 hit earlier in the session.Markets were jittery
after Greek Prime Minister Antonis Samaras said on Monday that he will recommend parliamentary elections are
held on January 25, almost 18 months before his coalition's term was due to end.The announcement came as
Samaras failed in his third attempt to persuade lawmakers to back his candidate for head of state, forcing the
legislature’s dissolution.Earlier Tuesday, preliminary data showed that Spanish consumer price inflation slipped
0.6% this month, after a 0.1% downtick in November.Year-on-year, Spanish CPI dropped 1.1% in December,
compared to expectations for a 0.7% fall, after a 0.4% downtick the previous month.

3. DAILY ECONOMIC DATA
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4. YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 119.15
Resistance: 119.82
RECOMMENDATION:
1. Buy USD/JPY Above 119.85-TG:120.05/120.35 SL 119.55
2. Sell USD/JPY Below 119.12-TG:118.92/118.62 SL 119.42
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
USD/JPY Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.2143
Immediate Resistance: 1.2182
RECOMMENDATION:
1. Buy EUR/USD Above 1.2185-TG:1.2205/1.2235 SL 1.2155
2. Sell EUR/USD Below 1.2140-TG:1.2120/1.2090 SL 1.2170

6. DISCLAIMER
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