The USD/INR futures pair has support at 83.20 levels whereas resistance is placed at 83.60 levels - Monarch Networth Capital
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? The USD/INR futures pair has support at 83.20 levels whereas resistance is placed at 83.60 levels. The pair is expected to range bound until either side level is breached
? The EUR/INR futures pair has support at 92.40 levels whereas resistance is placed at 93.00 levels. The pair is expected to find resistance at higher level and trade weak below 92.40 level up to 92.20 and 92.00 levels
? The GBP/INR futures pair has support at 106.30 levels whereas resistance is placed at 106.80 levels. The pair is expected to find resistance at higher level and trade weak below 106.30 level up to 106.10 and 105.90 levels
? The JPY/INR futures pair has support at 59.20 levels whereas resistance is placed at 59.60 levels. The pair is expected to find resistance at higher level and trade weak below 59.20 level up to 59.10 and 59.00 levels
GBPINR
Strategy: Intraday
? GBPINR pair traded with positive bias in the last trading session; but prices are trading below upward trend line.
? The pair is likely to trade with negative bias and any pullback near immediate resistance of 106.80 level should be taken as selling opportunity targeting 106.30 – 106.10 levels on lower side
? For Intraday session, it has support at 106.30 – 106.10 levels whereas resistance is placed at 106.80 – 107.00 levels
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