FOREX TECHNICAL REPORT……!!!! 22- JANUARY-2014, WEDNESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
21-Jan-2014
61.5355
101.0844
83.3750
58.8700
20-Jan-2014
61.6345
101.2532
83.4245
59.1900
17-Jan-2014
61.3510
100.2120
85.5223
58.7800
16-Jan-2014
61.5325
100.7349
83.8395
58.7700
15-Jan-2014
61.5885
101.0914
83.9915
58.9900
13-Jan-2014
61.5200
101.4772
84.1110
59.4900
10-Jan-2014
61.9360
102.0643
84.3050
59.0100
09-Jan-2014
62.1810
102.3126
84.4960
59.2900
08-Jan-2014
62.2430
102.1719
84.8185
59.3400
07-Jan-2014
62.3790
102.2454
84.9720
59.7100
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INDIAN FOREX DAILY NEWSLETTER
EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART
S2 – 83.1142
S1 – 83.4758
PIVOT – 83.6717
R1 – 84.0333
R2 – 84.2292
TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @83.8375. If EUR/INR sustain above the level of @83.98 then it can touch the level of @ 84.13 and @ 84.28 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR EURO:
EUR / INR Jan. futures contract (NSE)
Buy
View : Bullish on EUR
above 83.98
Market Lot : EUR 1000
Target : 84.13 / 84.28
Stop Loss : 83.63
Support: S1/ S2 : 83.4758 / 83.1142
Resistance : R1/R2 : 84.0333 / 84.2292
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