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Currency Trend
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Currency Trend
Currency Trend 15 May 2013
USDINR on its intraday charts had shown resistance around 55 day SMA and selling pressure may drag it towards its deeper supports if it surpasses the trend line below 54.8700.
USDINR on its intraday charts had shown resistance around 55 day SMA and selling pressure may drag it towards its deeper supports if it surpasses the trend line below 54.8700.
Currency Trend 16 May 2013
EURINR on its daily charts had given negative breakout of trend line acting as support and closed below it indicating further selling pressure may drag it towards the next important support of 70.4100.
Re: Currency Trend
Currency Trend 31 May 2013
JPYINR on its daily charts had made a reversal pattern while on intraday charts also found support near the trend line surpassing which selling may be seen below 55.5900.
JPYINR on its daily charts had made a reversal pattern while on intraday charts also found support near the trend line surpassing which selling may be seen below 55.5900.
Currency Trend 4 June 2013
USDINR on its daily charts took resistance around the crucial mark of 57.0000 and if it sustains above 57.0500 then some up move is expected where 57.3900 will act as strict resistance in coming sessions
Currency Trend 6 June 2013
USDINR on its daily charts is consolidating around higher levels and is resisting near 57.0500 since last four sessions but now seems to give a breakout above this crucial level.
Currency Trend 11 June 2013
JPYINR on its intraday charts traded on lower levels and found support around the trend line and so in the coming session selling is expected below 58.7300.
Currency Trend 12 June 2013
GBPINR on its daily charts had made a reversal pattern on daily charts and made lower consolidation pattern on intraday charts. Hence some correction may be seen
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