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CURRENCY TECHNICAL OUTLOOK

* The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.20 levels. The pair is expected to find resistance at higher level and trade weak below 82.70 level up to 82.50 and 82.30 levels.

* The EUR/INR futures pair has support at 87.10 levels whereas resistance is placed at 87.60 levels. The pair is expected to find support at lower level and trade firm above 87.60 level up to 87.80 and 88.00 levels.

* The GBP/INR futures pair has support at 101.60 levels whereas resistance is placed at 102.20 levels. The pair is expected to trade range bound until either side level is breached.

* The JPY/INR futures pair has support at 60.10 levels whereas resistance is placed at 60.60 levels. The pair is expected to find support at lower level and trade firm above 60.60 level up to 60.80 and 61.00 levels.

CHART OF THE DAY

Strategy: Intraday

* SILVER prices traded with positive bias during the last trading session; and prices are trading above upward trend line.

* For Intraday session immediate support is at 68400 – 68000 level and resistance at 69100 - 69500. Any pullback towards support level should be taken as buying opportunity targeting immediate resistance of 69100 - 69500 levels on higher side.

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