rupee future is heading for 65.8 to 66.15

NSE usd inr Aug future today closed at 65.67 with gain. Rupee tumbled at record low on outflow as well as global currency war. For tomorrow usdinr future might show 65.8 and then possibly 66.15 levels. On downside 65.15 is major support level.
NSE eur inr Aug future today closed at 73.34 with gain. Here we seen another overbought zone bullish breakout and now euro heading for target 74 and 75 on record weakness in Indian rupee.
NSE gbp inr Aug future today closed at 102.72 with gain. Here also pound is heading for 104 plus targets. On downside 102.3 is support as well as stop loss for long positions.
NSE jpy inr Aug future today closed at 52.98 with gain. Yen also bouncing back as Japanese market feels global heat. On downside 52.7 is support and above it traders can expect 53.5 and above targets.

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Pramod Baviskar

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