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USD- INR WEEKLY VIEW>>TREND (11 To 15 June)
USD-INR is in bullish phase, last week USD-INR was sustaining at
lower levels but during the last trading session it witnessed a strong
pullback. For this week, 56.2000 will act as major resistance
and 55.1700 will act as major support.
STRATEGY :-
For thIS week, USD-INR is expected to trade in the range 55 and 56.25. Traders should go for
buy on lower levels strategy, If USD-INR sustains above 55.50 then above 55.89 it can test levels of
56.10. If USD-INR sustains below 55.30 it can test levels of 55.10/54.86.
Trade by keeping the strict stop losses.
Major supports for this week in USD-INR: 55.1700 and 54.6200
Major Resistances for this week in USD-INR: 56.1725 and 56.6250
EUR-INR TECHNICAL LEVELS
Major supports for this week in EUR-INR: 68.7950 and 68.2450
Major Resistances for this week in EUR-INR: 69.8400 and 70.3350
GBP-INR TREND>>LEVELS
Major supports for this week in GBP-INR: 85.2350 and 84.5725
Major Resistances for this week in GBP-INR: 86.4300 and 86.9625
JPY-INR SUPPORT AND RESISTANCE LEVELS
Major supports for this week in JPY-INR: 69.0800 and 67.9350
Major Resistance for this week in JPY-INR: 71.6000 and 72.9750
