FOREX TECHNICAL REPORT……!!!! 24- FEBRUARY-2014, MONDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
21-Feb-2014
62.1618
103.4435
85.2685
60.6600
20-Feb-2014
62.2843
103.8404
85.6995
61.1700
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
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INDIAN FOREX DAILY NEWSLETTER
USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART
S2 – 61.9700
S1 – 62.0400
PIVOT – 62.1300
R1 – 62.2000
R2 – 62.2900
TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @ 62.1100. If USD/INR breaks the level of @ 62.02 then it can touch the level of @ 61.89 and @ 61.75 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR DOLLAR:
USD / INR Feb. futures contract (NSE)
Sell
below
View : Bearish on USD
62.02
Target : 61.89 /
Market Lot :
61.75
Support: S1/ S2 : 62.0400 / 61.9700
Stop Loss :
USD 1000
62.31
Resistance : R1/R2 : 62.2000 / 62.2900
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INDIAN FOREX DAILY NEWSLETTER
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