Intraday strategy for CURRENCY MARKET is given below

Support for CURRENCY USDINR Support is seen at 63.5000 – 63.3500    and 63.1500 levels while resistance is seen 63.8500 – 64.0000 and 64.2000 levels.

Support for CURRENCY EURINR Support is seen at 85.0500 – 84.9000 and 84.7500 levels while resistance is seen at 85.4000 – 85.6000 and 85.8000levels.

Support for CURRENCY GBPINR Support is seen at 101.4500 – 101.3000 and 101.1500 levels while resistance is seen at 101.8000 -101.9500 and 102.1500 levels.

Support for CURRENCY JPYINR Support is seen at 63.4000 – 63.2500 and 63.1000 levels while resistance is seen at 63.7500 – 63.9000 and 64.1000 levels.

TECHNICAL VIEW

USDINR

USDINR on intraday charts had made upper consolidation pattern surpassing the trend line acting as resistance and can show some bullishness if holds above 63.6100.

Source : Trifid Research

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