currency forecast for 06-01-2015

mcx currency future intraday levels for 6 January 2015

Mcxsx dollar rupee future last closed at 63.73 with gain. In intraday usdinr, future made high at 63.79 while low was at 63.59. Total 20-paisa intraday range and closed with gain. For intraday, us dollar has strong support on downside at 63.4 and resistance at 64. With stop loss below 63.4 stay long for intraday.

Mcxsx euro rupee future last closed at 75.94 with 73-paisa loss. In intraday eurinr future hit high around 76.35 while low was at 75.83. Total 50-paisa intraday range and closed with loss. For intraday euro has 75 as support and 76.4 as strong resistance. Traders here stay short and expect another new low.

Mcxsx pound rupee future last closed at 97.21 with loss. In intraday gbpinr, future hit high at 98.35 while low was at 97.15. Total 120-paisa intraday range and closed with loss. For intraday pound has support around 97 while 98 is as strong resistance. Traders can buy near support with stop loss.

Mcxsx yen rupee future last closed at 52.98 with gain of 13 paisa. In intraday jpyinr, future hit high at 53.02 while low was at 52.54. Total 50-paisa intraday range and closed with gain. Yen intraday support at 52.5 and resistance is at 53.5. Above 52.5, keep long view for intraday.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.

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