nse currency report for 7th june 2016

nse currency report for 7th june 2016 NSE eur inr future closed at 76.33. For tomorrow, euro rupee will remain bullish as euro changed trend so expect sharp short covering rallies ahead. Eur inr future remain buy above 76 for targets 76.55 and 76.8.   NSE gbp inr future closed at 96.93. For tomorrow pound rupee outlook remain bearish and strategy will be sell on rise. Here below 97.4 keep short view and expect 96.5 to 95.95 as short term targets.   NSE jpy inr future closed at 62.71. Here we saw sharp gap up opening and my 62.5 target is achieved now next short term target is at 64. For tomorrow, yen rupee future above 62.55 remain buy for targets 63.1 and 63.5.   NSE usd inr future today closed at 67.3. We saw fresh breakdown below 67.3 and dollar is heading towards my targets 66.75 and below. For intraday, usd inr below 67.45 remain sell.

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Pramod Baviskar

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