18-12-2023 10:20 AM | Source: Monarch Networth Capital
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital

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CURRENCY TECHNICAL OUTLOOK

* The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels. The pair is expected to range bound until either side level is breached

* The EUR/INR futures pair has support at 90.80 levels whereas resistance is placed at 91.20 levels. The pair is expected to find resistance at higher level and trade weak below 90.80 level up to 90.70 and 90.60 levels

* The GBP/INR futures pair has support at 105.80 levels whereas resistance is placed at 106.20 levels. The pair is expected to find resistance at higher level and trade weak below 105.80 level up to 105.70 and 105.60 levels

* The JPY/INR futures pair has support at 58.50 levels whereas resistance is placed at 59.00 levels The pair is expected to find resistance at higher level and trade weak below 58.50 level up to 58.40 and 58.30 levels

 

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