MCX-SX rupee technical levels for 31 December 2014
Mcxsx dollar rupee future last closed at 63.75 with loss. In intraday usdinr, future made high at 64.15 while low was at 63.72. Total 43-paisa intraday range and closed with loss. For intraday, us dollar has strong support on downside at 63.5 and resistance at 64. Rupee might resume primary trend after testing supports.
Mcxsx euro rupee future last closed at 77.49 with 60-paisa loss. In intraday eurinr future hit high around 77.95 while low was at 77.43. Total 55-paisa intraday range and closed with loss. For intraday euro, have 77 as support and 78as strong resistance. Traders here keep sell on rise view, as euro outlook in international market is very bearish.
Mcxsx pound rupee future last closed at 98.95 with loss. In intraday gbpinr, future hit high at 99.59 while low was at 98.91. Total 60-paisa intraday range and closed with loss. For intraday pound has support around 98while 99 is as strong resistance. Long-term investors can buy pound in 97-98 zones for target 102+.
Mcxsx yen rupee future last closed at 53.32 with gain of 14 paisa. In intraday jpyinr, future hit high at 53.71 while low was at 53.23. Total 50-paisa intraday range and closed with gain. Yen is showing reversal signs so for investors 52.5 remain as stop loss and expect upside up to 54-55.
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