FOREX TECHNICAL REPORT……!!!! 20- FEBRUARY-2014, THURSDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
18-Feb-2014
62.1220
103.9301
85.1680
60.5100
17-Feb-2014
61.9495
104.0194
84.9485
60.9700
14-Feb-2014
62.2770
103.6663
85.1755
61.2200
13-Feb-2014
62.2725
103.4658
84.8710
61.0200
12-Feb-2014
62.1250
102.2515
84.7215
60.6000
11-Feb-2014
62.4390
102.4811
85.2813
61.0100
10-Feb-2014
62.1930
102.1396
84.7418
60.7400
07-Feb-2014
62.3155
101.7768
84.6830
61.0100
06-Feb-2014
62.5045
101.9198
84.4994
61.5900
05-Feb-2014
62.4525
102.0099
84.3548
61.5800
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INDIAN FOREX DAILY NEWSLETTER
EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART
S2 – 84.7883
S1 – 85.1392
PIVOT – 85.3308
R1 – 85.6817
R2 – 85.8733
TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @ 85.4900. If EUR/INR sustain above the level of @ 85.61 then it can touch the level of @ 85.75 and @ 85.90 respectively.
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INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR EURO:
EUR / INR Feb. futures contract (NSE)
Buy
above
View : Bullish on EUR
85.61
Market Lot :
Target : 85.75 / 85.90
Support: S1/ S2 : 85.1392 / 84.7883
Stop Loss :
EUR 1000
85.30
Resistance : R1/R2 : 85.6817 / 85.8733
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