Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Currency Technical Report 26 November

Intraday strategy for CURRENCY MARKET is given below

Support for CURRENCY USDINR Support is seen at 62.3500 62.1500 and 61.9500 levels while resistance is seen 62.6500 62.8000 and 63.0000 levels.

Support for CURRENCY EURINR Support is seen at 84.3000 84.1500 and 84.0000 levels while resistance is seen at 84.650084.8000 and 84.9500 levels.

Support for CURRENCY GBPINR Support is seen at 100.9900 100.8400 and 100.6900 levels while resistance is seen at 101.3000 101.4500 and 101.6000 levels.

Support for CURRENCY JPYINR Support is seen at 61.3000 61.1500 and 61.0000 levels while resistance is seen at 61.5500 61.7000 and 61.9000 levels.

TECHNICAL VIEW

JPYINR

JPYINR on daily charts had surpassed the strong support of 62.0000 and closed below it. Hence selling pressure is expected to continue if it holds below the mark of 61.3000.

[Source :trifidresearch.com]