CURRENCY TECHNICAL OUTLOOK

* The USD/INR futures pair has support at 82.10 levels whereas resistance is placed at 82.60 levels. The pair is expected to find resistance at higher levels and trade weak below 82.10 level up to 81.90 and 81.70 levels.

* The EUR/INR futures pair has support at 80.80 levels whereas resistance is placed at 81.50 levels. The pair is expected to find support at lower level and trade firm above 81.50 level up to 81.70 and 81.90 levels.

* The GBP/INR futures pair has support at 92.30 levels whereas resistance is placed at 93.00 levels. The pair is expected to find support at lower levels and trade firm above 93.00 level up to 93.20 and 93.40 levels.

* The JPY/INR futures pair has support at 55.80 levels whereas resistance is placed at 56.30 levels. The pair is expected to find support at lower levels and trade firm above 56.30 level up to 56.50 and 56.70 levels.

CHART OF THE DAY :

Strategy: Intraday

* EURINR pair traded with negative bias but managed to closed above horizontal and upward slopping support trend line in the last trading session

* The pair is likely to trade with positive bias and any pullback near immediate support of 80.80 level should be taken as buying opportunity targeting 81.50 – 81.70 levels on higher side

* For Intraday session, it has support at 80.80 – 80.60 levels whereas resistance is placed at 81.50 – 81.70 levels

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