FOREX TECHNICAL REPORT……!!!! 25- FEBRUARY-2014, TUESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
24-Feb-2014
62.1185
103.3838
85.3235
60.7100
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
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INDIAN FOREX DAILY NEWSLETTER
EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART
S2 – 84.9583
S1 – 85.1517
PIVOT – 85.2983
R1 – 85.4917
R2 – 85.6383
TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @ 85.3450. If EUR/INR sustain above the level of @ 85.46 then it can touch the level of @ 85.60 and @ 85.74 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR EURO:
EUR / INR Feb. futures contract (NSE)
Buy
above
View : Bullish on EUR
85.46
Target : 85.60 /
Market Lot :
85.74
Support: S1/ S2 : 85.1517 / 84.9583
Stop Loss :
EUR 1000
85.16
Resistance : R1/R2 : 85.4917 / 85.6383
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INDIAN FOREX DAILY NEWSLETTER
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