Today's Currency Pairs (14th February 2020)
14/2/2020

Today's Currency Pairs (14th February 2020)

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Rupee opened on a flat note against the US Dollar in the early morning amid mixed sentiments in the market. On one hand, positivity in the domestic equity market is supporting Rupee while rising prices of Crude is weighing down on it. Foreign Institutional Investors allegedly sold stocks worth of Rs 209.39 crore on Tuesday. The US 10- year bond is trading at 6.48 percent.


 Technical outlook: (February 2020)



Dollar Index

Dollar index has its support at 98.70 and resistance is seen at 99.10.

Break and sustain above 99.10 will take it to 99.50---99.90 levels or else it can touch its support level of 98.70 again.

Buy it on dips!

Trade with levels only



JPYINR

Support is 64.90 Resistance is 65.30.

Break and sustain below 64.90 will take it to 64.50---64.10 mark else could touch its resistance level of 65.30 marks.

Fresh buying can be seen on a close above 65.30.

Trade with levels only



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