The USD/INR futures pair has support at 79.30 levels - Monarch Networth Capital
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/3c9b00d0dcd0429dd6429a015ab9724b.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CURRENCY TECHNICAL OUTLOOK
* The USD/INR futures pair has support at 79.30 levels whereas resistance is placed at 79.60 levels. The pair is expected to find support at lower levels and trade firm above 79.60 level up to 79.80 and 80.00 levels.
* The EUR/INR futures pair has support at 81.80 levels whereas resistance is placed at 82.30 levels. The pair is expected to find resistance at higher levels and trade weak below 81.80 level up to 81.60 and 81.40 levels.
* The GBP/INR futures pair has support at 95.20 levels whereas resistance is placed at 95.70 levels. The pair is expected to find resistance at higher levels and trade weak below 95.20 level up to 95.00 and 94.80 levels.
* The JPY/INR futures pair has support at 58.20 levels whereas resistance is placed at 58.70 levels. The pair is expected to trade range bound until either side level is breached.
CHART OF THE DAY
Strategy: Intraday
* EURINR pair traded with negative bias and managed to closed below upward slopping support line in the last trading session
* The pair is likely to trade with negative bias and any pullback near immediate resistance of 82.30 level should be taken as selling opportunity targeting 81.80 – 81.60 levels on lower side
* For Intraday session, it has support at 81.80 – 81.60 levels whereas resistance is placed at 82.30- 82.50 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
![](https://portfolio.investmentguruindia.com/uploads/news/Rupee_040124.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/apple57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/simcard57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Chemical.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GST 1090.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/INDIA-ECONOMY-PMI.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/State Bank of India Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Power 2510.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Infrastructure28.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/NKSingh57.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/224733a967d8df530b5400814b587dbe.jpg)
USD/INR is trading below 20 and 50 day moving average - Tradebulls Securities
![USD/INR is trading above 20 and 50 DMA. Buy on dips near 76.10 for tgt of 76.50 and stoiploss of 75.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/e88152af86f235af3450715229f95009.jpg)
![US trade representative says that US will back Australia in trade dispute with China - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/07/308a7ea837b788aa62ab2ebe402ff434.jpg)
![USDINR has appreciated after US CPI data but comments from Fed member have strengthened USD - Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities Ltd.jpg)