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Home » Rupee stayed afloat due to RBI intervention while Euro and Pound gained. Major currency pairs technical levels for today.
Forex

Rupee stayed afloat due to RBI intervention while Euro and Pound gained. Major currency pairs technical levels for today.

Currency Pairs

Technical outlook of Major Currency Pairs

 

USDINR

Support is 74.50 Resistance is 74.80.

Break and close above 74.80 will take it to 75.10—75.40 levels else could touch its support level of 74.50 levels.

We can go for fresh selling on a close below 74.50.

Trade with levels only.

 

Dollar Index

DX has its major support at 93.80 and resistance is seen at 94.20.

A break and close below 93.80 will see a downside move till 93.40 —93.00 in the days to come.

Sell it on rise!

Trade with levels only.

 

GBPINR

It has its major support at 95.60 and resistance is seen at 96.00.

Break and close above 96.00 will see an upside move till 96.40—96.80 levels in the days to come.

Buy it on dips!

Trade with levels only.

 

EURUSD

EURUSD looks positive on the chart.

Immediate resistance at 1.17300 and major support at 1.16400

Break and sustain above 1.17300 will take it to 1.18500—1.19400 levels or else it can touch its support level of 1.16400 again.

Buy it on dips!

Trade with levels only.

 

USDCAD

USDCAD unable to break its resistance level, hence slipped.

Resistance at 1.34400 while major support at 1.33500

A break and close below its support level will see a downside move till 1.32500—-1.31700.

Fresh buying can be seen on a close above 1.34400.

Trade with levels only.

 

GBPJPY

GBPJPY took support after a minor correction

Major resistance at 135.850 and major support at 135.000

If it will manage to break and sustain above its resistance level, then we can see 136.700—137.500 levels soon.

We can go for fresh selling only on a close below 135.000.

Trade with levels only.

 

Read our previous Currency pairs update. Click Here!

 

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