Dollar rupee future monthly outlook June 2017
gains. After last 5 month continues weakness dollar seen some value buying as
well as short covering from oversold zones. This month dollar rupee future
recorded low at 64 while high was around 65.1. Total 1.1 rupee or 1.7% range
and closing near middle.
bullish above 64.6 support level on daily closing basis. On upside my bullish
swing targets for June series are 65.2 and then 65.7.
levels up to 64.2 and then 63.6. This month expect narrow range for dollar
rupee future which is good for small traders.
future and expect 65.2 and then 65.7 levels as target zones for this
target zones of 66.4 and then 64.7. Below 64.7 on weekly closing basis rupee
remain king and dollar will be very bearish for another downside and long term
targets of 63.4 and then 61.7.