Intraday strategy for CURRENCY MARKET is given below

Support for CURRENCY USDINR Support is seen at 62.2000 – 62.0000 and 61.8000 levels while resistance is seen 62.6500 62.8000 and 63.0000levels.

Support for CURRENCY EURINR Support is seen at 84.1000 83.9000 and 83.7000 levels while resistance is seen at 84.5000 84.7000 and 84.9000 levels.

Support for CURRENCY GBPINR Support is seen at 100.2000 100.0000 and 99.8000 levels while resistance is seen at 100.5500 100.7500 and 100.9500 levels.

Support for CURRENCY JPYINR Support is seen at 62.4000 – 62.2000 and 62.0000 levels while resistance is seen at 62.7000 62.8500 and 63.0000 levels.

TECHNICAL VIEW

JPYINR

EURINR on intraday charts had reversed from lower band of channel pattern and may lead towards the upper band i.e. 84.5500 in the coming session. Proper breakout is needed further for bulls to be active.

SOURCE :: TRIFID RESEARCH

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