currency view : 63.8 is strong support for usdinr future

free nse currency tips for 7 aug 2015

Usd inr Aug future today closed with flat loss at 64.01. Here 63.8 is strong support and expect reversal from that level. Indicators are also suggesting stronger dollar might resume uptrend after correction.
Eur inr Aug future today closed at 69.77 with gain. Here euro given positive closing after sharp fall suggesting reversal rally. Euro remain buy and accumulate for short term traders as indicators looks oversold.
Gbp inr Aug future today closed at 99.14 with loss of 76 paisa. In intraday pound rupee future hit high around 100.07 while low was at 99.08. Total almost 1 rupee range and closed with loss. Below 99.5 stay short for much downside.
Jpy inr Aug future today closed at 51.28 with loss of 20 paisa. In intraday yen rupee future hit high around 51.37 while low was at 51.25. Total 12 paisa intraday range and yen heading towards previous lows. Next target will be 50.9 with stop loss 51.7.

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