The USD/INR futures pair has support at 82.40 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital
CURRENCY TECHNICAL OUTLOOK
* The USD/INR futures pair has support at 82.40 levels whereas resistance is placed at 83.00 levels. The pair is expected to range bound until either side level is breached
* The EUR/INR futures pair has support at 88.70 levels whereas resistance is placed at 89.30 levels. The pair is expected to range bound until either side level is breached
* The GBP/INR futures pair has support at 102.20 levels whereas resistance is placed at 102.80 levels. The pair is expected to find resistance at higher level and trade weak below 102.20 level up to 102.00 and 101.80 levels
* The JPY/INR futures pair has support at 59.40 levels whereas resistance is placed at 59.90 levels. The pair is expected to find resistance at higher level and trade weak below 59.40 level up to 59.20 and 59.00 levels
CHART OF THE DAY
JPYINR (DAILY CHART)
* JPYINR pair traded with negative bias in the last trading session; and prices are trading below downward trend line.
* The pair is likely to trade with negative bias and any pullback near immediate resistance of 59.90 level should be taken as selling opportunity targeting 59.40 – 59.20 levels on lower side
* For Intraday session, it has support at 59.40 – 59.20 levels whereas resistance is placed at 59.90 – 60.10 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
Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
More News
The EUR/INR futures pair has support at 87.00 levels - Monarch Networth Capital