eur inr future heading towards bottom 68-69

 

EUR INR future weekly forecast for 23 to 27 nov 2015
euro rupee future this week closed at 70.88 with loss.
this was third weekly loss for euro and
it is heading towards previous bottom of 68-69 rupees.

euro is in absolute downtrend and might show
deep downside levels in longer terms.

eur inr weekly support zones are 70.1 and 69.8.
eur inr weekly resistance zones are 71.3 and 71.6.

traders stay short on euro with strict stop loss
and expect targets 70.1 and below I next week.