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UPDATE 2: Indian NSE Currencies pairs USDINR and EURINR

Posted: 15 Jun 2018 10:37 AM PDT

What had I strongly recommended about USDINR @JUNE 4, 2018, 10:56 PM (IST)? click here
Technical Report of USDINR Pair

We have already recommended waiting for the crossover levels.

Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.

Solid Support: 66.818

USDINR touch all the targets: 67.492 – 67.852 – 68.105 levels.

As per the previous chart analysis, USDCHF will start its journey and achieved 0.99609 level.

What had I written about the EURINR index in the previous report? First, click here

Strong Resistance: 79.0064

…

But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.

*Events : India Nikkei Services Purchasing Managers Index (PMI)

On yesterday, EURINR has made high 80.1855. It means, EURINR hit our target 80.1007 level.

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