Indian forex outlook for 31 may 2016

Indian forex outlook for 31 may 2016 Usd inr future closed at 67.48 with loss. Here expect downside for dollar and below 67.6 keep short view and targets at 67.4 and 67.2 for intraday.   Eur inr future closed at 75.21 with gain. Here watch 75.3 above it euro can rally up to 75.57 to 75.84 in intraday. Below it keep short view.   Gbp inr future closed at 98.55 with loss. Here fresh breakdown was seen so expect downside ahead. For intraday below 98.9 keep short view and expect tgts 98.2 and 97.9 in intraday.   Jpy inr future closed at 60.81 with loss. Fresh downside was seen and expect 60.62 and then 60.24 as targets in intraday.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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