forex tomorrow : stay short below 63.6

nse free currency tips for tomorrow 23 june 2015

NSE usd inr future today closed at 63.55 with loss. As we see inflow in equity, rupee extends it gains against us dollar. Technically, dollar rupee future below 63.6 will remain sell for downside target of 63 rupee. Daily closing above 63.6 means reversal signal for target 64.1 and above.
Euro today closed at 72.08 with gain. Here 72.7 to 72.9 is strong supply zone and on sentiment euro might rally up to those levels. Keep short view and follow sell on rise view for deep downside targets in short to medium terms. In intraday 72.7 is possible on upside.
Pound closed at 100.43 with loss of 32 paisa. Here below 100.6 keep intraday selling view for target 100 and below. Closing below 100.6 is sell signal for short term with stop loss 101 for target 98.5.
Yen closed at 51.56 with loss. Stronger rupee and weaker yen might sharp downside move so stay short with stop loss above 52 for target 50.8 in short to medium terms.

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Pramod Baviskar

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