17 june NSE FX currency outlook

17 june NSE FX currency outlook Usd inr future closed at 67.39 with gain. Here on outflow expect some upside for pair. For intraday 67.5 and 67.65 are resistances as well as target zones. Expect weakness below 67.27 only.   Eur inr future closed at 75.42 with loss. Expect high volatility and downside for euro in upcoming days. For intraday below 75.65 stay short with stoploss.   Gbp inr future closed at 95.17 with loss. Here above 95 keep long view and expect strong rally for targets 96 to 96.6.   Jpy inr future closed at 64.57 with gain. My target of 65 is almost achieved next target will be 66.4 for currency future expiry if sustain above 64 rupee level. In intraday 64.05 is support zone.

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Pramod Baviskar

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