rupee forecast for tomorrow 30 june 2015
Usd inr July future closed at 64.21 with gain. Today we seen strong reversal with bullish breakout. Here above 64.1 keep buy on dips view and expect 64.65 as target till this weekend. Volatility is possible on RBI interventions. So right time entry is necessary.
Euro rupee July future tumbled at 71.37 with loss. Here euro given downside breakout but stabilized as rupee relatively weak. Here expect 68 to 66 rupee levels on downside if euro zone crisis deepens.
Pound rupee July future closed at 100.76 with gains. Here pound is showing strength and given breakout above 100.6 resistance. So keep long view with stop loss for next target of 103.4 till end of week.
Yen rupee July future closed at 52.29 with gain. Today yen touched strong resistance level of 52.5 and closed below it. Here watch for breakout above 52.5 and then follow buy and accumulate view for positional target 53.5.