16 june currency future stop-loss and targets

16 june currency future stop-loss and targets Usd inr future closed at 67.29 with loss as expected. But for tomorrow, above 67.1 us dollar will remain strong and buy for targets 67.55 and 67.65.   Eur inr future closed at 75.63 with loss. For tomorrow below 75.85 keep short view and expect intraday targets of 75.35 to 75. Euro resumed downtrend after false bounce back.   Gbp inr future closed at 95.59 with gain. Here above 95.7 expect sharp rally for targets 96 and 96.8. Pound showing early recovery signs so expect 98.25 as final target for this reversal move.   Jpy inr future closed at 63.28 with loss. Yen still in uptrend and 63 is strong support so above it currency traders can still expect 64 levels here. We already saw 63.75 high.

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Pramod Baviskar

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