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1. FOREX TECHNICAL REPORT……!!!!
26- FEBRUARY-2014, WEDNESDAY

2. INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
25-Feb-2014
61.9765
103.3086
85.1435
60.5100
24-Feb-2014
62.1185
103.3838
85.3235
60.7100
21-Feb-2014
62.1618
103.4435
85.2685
60.6600
20-Feb-2014
62.2843
103.8404
85.6995
61.1700
18-Feb-2014
62.1220
103.9301
85.1680
60.5100
17-Feb-2014
61.9495
104.0194
84.9485
60.9700
14-Feb-2014
62.2770
103.6663
85.1755
61.2200
13-Feb-2014
62.2725
103.4658
84.8710
61.0200
12-Feb-2014
62.1250
102.2515
84.7215
60.6000
11-Feb-2014
62.4390
102.4811
85.2813
61.0100
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3. INDIAN FOREX DAILY NEWSLETTER
USD/INR DAILY TECHNICAL LEVELS
USD/INR DAILY CANDLESTICK CHART
S2 – 62.1008
S1 – 62.1717
PIVOT – 62.2483
R1 – 62.3192
R2 – 62.3958
TECHNICAL OUTLOOK:
USD/INR (NSE/MCX-SX) has closed @ 62.2425. If USD/INR breaks the level of @ 62.17 then it can touch the level of @
62.04 and @ 61.90 respectively.
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4. INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR DOLLAR:
USD / INR Mar. futures contract (NSE)
Sell
below
View : Bearish on USD
62.17
Target : 62.04 /
Market Lot :
61.90
Support: S1/ S2 : 62.1717 / 62.1008
Stop Loss :
USD 1000
62.46
Resistance : R1/R2 : 62.3192 / 62.3958
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5. INDIAN FOREX DAILY NEWSLETTER
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Research Analyst : Nilesh Jain
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6. INDIAN FOREX DAILY NEWSLETTER
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