MENU

Published on 15/09/2021 9:01:00 AM | Source: Monarch Networth Capital Ltd

The EUR/INR futures pair has support at 87.00 levels whereas resistance is placed at 87.40 levels - Monarch Networth Capital

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

CURRENCY TECHNICAL OUTLOOK

The USD/INR futures pair has support at 73.60 levels whereas resistance is placed at 74.00 levels. The pair is expected to trade range bound until either side level is breached.

The EUR/INR futures pair has support at 87.00 levels whereas resistance is placed at 87.40 levels. The pair is expected to trade weak below 87.00 levels up to 86.80 and 86.65 levels.

The GBP/INR futures pair has support at 102.10 levels whereas resistance is placed at 102.50 levels. The pair is expected to trade weak below 102.10 levels up to 101.90 and 101.75 levels.

The JPY/INR future pair has support at 66.80 levels whereas resistance is placed at 67.20 levels. The pair is expected to trade firm above 67.20 levels up to 67.40 and 67.55 levels.

CHART OF THE DAY JPYINR

(DAILY CHART)

 

Strategy: Intraday

JPYINR pair traded with positive bias and managed to sustain above upward sloping trend line in the last trading session

The pair is likely to trade with positive bias and any pullback near immediate support of 66.80 level should be taken as buying opportunity targeting 67.20 – 67.40 levels on higher side

For Intraday session, it has support at 66.80 – 66.60 levels whereas resistance is placed at 67.20 – 67.40 levels

 


To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at  https://www.mnclgroup.com/disclaimer

SEBI Registration Number : INZ000043833

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

betvakti elexusbet gorabet maksibet maltcasino milosbet quennbet setrabet atlantisbahis artoscasino dumanbet elitbahis fashionbet favoribahis hiltonbet liderbahis oslobet romabet vegabet yorkbet kalebet bet10bet bahislion bahislion bahislion betpark dakikbet dumanbet fenomenbet holiganbet kalebet kolaybet lordbahis olabahis onwin piabet pusulabet süper10bet vipbahis supertotobet mariobet bahigo bahis siteleri güvenilir bahis siteleri kaçak bahis siteleri betist 1xbet asyabahis betebet betgaranti betlike betvole ligobet pinbahis polobet verabet