FOREX TECHNICAL REPORT……!!!! 31- DECEMBER-2013, TUESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
30-Dec-2013
62.0028
102.1682
85.1855
58.8600
27-Dec-2013
62.0595
102.0320
85.2748
59.2300
26-Dec-2013
61.9755
101.4911
84.7925
59.1500
24-Dec-2013
61.8668
101.1027
84.6510
59.3700
23-Dec-2013
61.9915
101.3747
84.8180
59.5800
20-Dec-2013
62.2420
101.8092
84.8774
59.5900
19-Dec-2013
62.3800
102.1535
85.2945
59.9800
18-Dec-2013
61.9176
100.8328
85.2692
60.1600
17-Dec-2013
61.9580
101.1402
85.3345
60.1700
16-Dec-2013
62.1024
101.2704
85.4284
60.4000
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INDIAN FOREX DAILY NEWSLETTER
USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART
S2 – 62.0208
S1 – 62.1392
PIVOT – 62.3283
R1 – 62.4467
R2 – 62.6358
TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.2575. If USD/INR breaks the level of @62.15 then it can touch the level of @61.99 and @61.79 respectively.
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INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR RUPEE:
USD / INR Jan. futures contract (NSE)
View : Bearish on USD
Sell below 62.15
Market Lot : USD 1000
Target : 61.99 / 61.79
Stop Loss : 62.51
Support: S1/ S2 : 62.1392 / 62.0208
Resistance : R1/R2 : 62.4467 / 62.6358
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