Daily Forex Report by www.epicresearch.co 14th August 2013

USD/INR (NSE/MCX-SX) has closed above major support level @61.23. If USD/INR sustain above this level then touch the level @61.55 and @61.77 respectively.

ListFree.org (Press Release) - Wednesday, August 14th, 2013

HEADLINES

RBI DAILY REFRENCE RATES

Trade Date 1 USD 1 GBP 1 EURO 100 YEN
13-Aug-2013 61.4343 95.0757 81.7770 63.0900
12-Aug-2013 60.8025 94.2074 81.0345 63.0700
08-Aug-2013 61.1150 94.7710 81.5420 63.4400
07-Aug-2013 61.3940 94.1723 81.6990 63.2200
06-Aug-2013 61.5355 94.3708 81.5785 62.4900
05-Aug-2013 60.8220 92.9664 80.7335 61.7700
02-Aug-2013 60.8035 91.9531 80.3655 61.0400
01-Aug-2013 60.7423 92.0550 80.6025 61.6900
31-Jul-2013 61.1150 92.9742 80.9535 62.4400
30-Jul-2013 59.8280 91.7582 79.3277 60.8400

USD/INR DAILY TECHNICAL LEVELS

USD/INR FOUR HOURLY CANDLESTICK CHART

S2 – 60.5725 S1 – 60.9475 PIVOT – 61.3575 R1 – 61.7325 R2 – 61.1425

USD/INR (NSE/MCX-SX) has closed above major support level @61.23. If USD/INR sustain above this level then touch the level @61.55 and @61.77 respectively.

NEAR TERM OUTLOOK FOR EURO:

USD/ INR July futures contract (NSE)

View: Bullish on USD
Buy USD at 61.32 Market Lot: USD 1000

Target: 61.55/ 61.77 Stop Loss: 60.90

Support: S1/ S2: 60.9475 / 60.5725 Resistance: R1/R2: 61.7325 / 62.1425

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