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CURRENCY TECHNICAL OUTLOOK

* The USD/INR futures pair has support at 75.50 levels whereas resistance is placed at 75.80 levels. The pair is expected to range bound until either side level is breached

* The EUR/INR futures pair has support at 85.20 levels whereas resistance is placed at 85.60 levels. The pair is expected to find support at lower levels and trade firm above 85.60 level up to 85.80 and 89.00 levels

* The GBP/INR futures pair has support at 100.30 levels whereas resistance is placed at 100.90 levels. The pair is expected to find support at lower levels and trade firm above 100.90 level up to 101.10 and 101.30 levels

* The JPY/INR futures pair has support at 66.10 levels whereas resistance is placed at 66.50 levels. The pair is expected to range bound until either side level is breached

CHART OF THE DAY

Strategy: Intraday

* GBPINR pair traded with positive bias and managed to closed above upward trading line in the last trading session

* The pair is likely to trade with positive bias and any pullback near immediate support of 100.30 level should be taken as buying opportunity targeting 100.90 – 101.10 levels on higher side

* For Intraday session, it has support at 100.30 – 100.10 levels whereas resistance is placed at 100.90 – 101.10 levels

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