Currency predictions for 10 Jan 2014

Currency predictions for 10 Jan 2014

Currency predictions for 10 Jan 2014

USD/INR January expiry future last closed at 62.25 with 11 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.47 while low was 62.15. Total 32-paisa intraday range and closed with loss. For tomorrow, watch 62 as major support level.

EUR/INR January future last closed at 84.66 with loss of 6 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 84.97 while low was at 84.51. Total 50-paisa intraday range and closed with loss. Here next target is 84 with Stoploss at 85.

GBP/INR January expiry future last closed at 102.4 with gain of 5 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.76 while low was at 102.26. Total 50-paisa intraday range and closed with gain. For tomorrow 102 is Stoploss and 103 will be target zone.

JPY/INR January expiry future last closed at 59.35 with 21 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 59.6 while low was at 59.22. Total 38-paisa intraday range and closed with gain. Below 60 keep short view and expect deep downside targets 59-58.

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Updated: 09/01/2014 — 12:09 AM

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Pramod Baviskar

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