FOREX TECHNICAL REPORT……!!!! 16- DECEMBER-2013, MONDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
13-Dec-2013
62.1266
101.5335
85.4135
59.9000
12-Dec-2013
61.6200
100.8350
84.9820
60.0300
11-Dec-2013
61.3313
100.7919
84.3780
59.7200
10-Dec-2013
61.2070
100.6488
84.1510
59.2900
09-Dec-2013
61.1785
100.0146
83.8195
59.3800
06-Dec-2013
61.6673
100.6472
84.2546
60.4000
05-Dec-2013
61.6895
101.0782
84.0690
60.4400
04-Dec-2013
62.3330
102.1825
84.6848
60.7700
03-Dec-2013
62.3443
102.0639
84.4570
60.3800
02-Dec-2013
62.2260
102.1378
84.6410
60.7400
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INDIAN FOREX DAILY NEWSLETTER
USD/INR DAILY TECHNICAL LEVELS USD/INR FOUR HOURLY CANDLESTICK CHART
S2 – 62.2275
S1 – 62.2925
PIVOT – 62.3900
R1 – 62.4550
R2 – 62.5525
TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.3575. If USD/INR sustain above the level of @62.48 then it can touch the level of @62.62 and @62.75 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR RUPEE:
USD / INR Dec futures contract (NSE)
View : Bullish on USD
Buy above 62.48
Market Lot : USD 1000
Target : 62.62 / 62.75
Stop Loss : 62.08
Support: S1/ S2 : 62.2925 / 62.2275
Resistance : R1/R2 : 62.4550 / 62.5525
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