Intraday strategy for CURRENCY MARKET is given below

Support for CURRENCY USDINR Support is seen at 62.5500 62.4500 and 62.3000 levels while resistance is seen 62.8500 62.9500 and 63.1000 levels.

Support for CURRENCY EURINR Support is seen at 85.1000 85.0000 and 84.8000 levels while resistance is seen at 85.4000 85.5000 and 85.6500 levels.

Support for CURRENCY GBPINR Support is seen at 102.0000 101.8500 and 101.6500 levels while resistance is seen at 102.3000 102.4500 and 102.6000 levels.

Support for CURRENCY JPYINR Support is seen at 61.4500 61.3000 and 61.1500 levels while resistance is seen at 61.7000 61.8500 and 62.0000 levels.

TECHNICAL VIEW

USDINR

USDINR on daily charts had found support around the trend line which is expected to give a negative breakout if it sustains below the level of 62.6500.

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 [SOURCE : TRIFID RESEARCH ]

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