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Home » Rupee range-bound ahead of July expiry. Major Currency Pairs technical levels.
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Rupee range-bound ahead of July expiry. Major Currency Pairs technical levels.

Rupee

Technical outlook of Rupee and Major Currency pairs

 

USDINR

Support is 75.00 Resistance is 75.30.

Break and close above 75.30 will take it to 75.60—75.90 levels else could touch its support level of 75.00 levels.

We can go for fresh selling on a close below 75.00.

Trade with levels only.

 

Dollar Index

DX has its major support at 93.50 and resistance is seen at 94.00.

A break and close below 93.50 will see a downside move till 93.10 —92.60 in the days to come.

Sell it on rise!

Trade with levels only.

 

EURINR

It has its major support at 87.70 and resistance is seen at 88.10.

Break and close above 88.10 will see an upside move till 88.50—88.90 levels in the days to come.

Buy it on dips!

Trade with levels only.

 

EURUSD

EURUSD looks positive on the chart.

It has major support at 1.17000 and the immediate resistance is seen at 1.17450.

Break and sustain above 1.17450 will take it to 1.17950—1.18400 levels or else it can touch its support level of 1.17000 again.

Buy it on dips!

Trade with levels only.

 

AUDUSD

AUDUSD bounced back from the bottom.

Resistance at 0.71800 and major support at 0.71400

A break and close above its resistance level will see an upside move till 0.72250—-0.72500.

Buy it on dips!

Trade with levels only.

 

EURJPY

EURJPY is trading near its support level.

Major resistance at 123.600 while major support at 123.000

If it will manage to break and sustain above its resistance level, then we can see 124.200—124.600 levels soon.

We can go for fresh selling on a close below 123.000

Trade with levels only.

 

Click here to read our yesterday’s update on major currency pairs.

 

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