currency predictions for 14 jan 2015

rupee technical analysis for tomorrow

Mcxsx dollar rupee future last closed at 62.34 with loss. In intraday usdinr, future made high at 62.38 while low was at 62.2. Total 18-paisa intraday range and closed with loss. For intraday, us dollar has strong support on downside at 62.1 and resistance at 62.6. Watch 61.1 supports for reversal.
Mcxsx euro rupee future last closed at 73.55 with 6-paisa loss. In intraday eurinr future hit high around 73.89 while low was at 73.5. Total 39-paisa intraday range and closed with loss. For intraday euro, have 73 as support and 74.1 as strong resistance. Traders here keep bearish view for euro.
Mcxsx pound rupee future last closed at 94.35 with loss. In intraday gbpinr, future hit high at 94.65 while low was at 93.96. Total 70-paisa intraday range and closed with loss. For intraday pound has support around 94 while 95 is as strong resistance. Traders here watch 94 levels for reversal.
Mcxsx yen rupee future last closed at 52.63 with gain. In intraday jpyinr, future hit high at 52.86 while low was at 52.42. Total 45-paisa intraday range and closed with gain. Yen intraday support at 52 and resistance is at 53. Watch 52 level if breaks might show 50 levels on downside.


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